LOAN FOR BUSINESS INVESTMENTS
If you plan or have in mind to change/renovate business premises, then you have at your disposal the Loan for Business Investments by Fondi BESA.
This product will be oriented towards individuals who wish to invest on:
- Improvement/ Renovation of business
- Purchase of land and/or coverage of documentation expenses for investment purposes (for instance, no payment of fees for legalization of business etc).
- Miscellaneous investments (business reconstruction/growth that generates incomes and that can be used entirely or partially for the repayment of this loan). Here are included those customers who use their houses for business purposes such as: beach rooms, inns etc.
- Every individual in need of changing something in his object, new furniture or settling various problems arising from its maintenance, when this object is used for business purposes.
|AMOUNT||The maximum loan amount is 1,500,000 ALL|
|TERM||Up to 5 years (60 months)|
|FEE||1-3% according to the loan term|
|COLLATERAL||Mortgage, Lien, Pledge, Endorsement depending the loan term and amount.|
|REPAYMENT||Depending on client preference:
• Flat – equal installments for the whole repayment period.
• Declining – Interest is calculated on the remaining amount of principal
|INTEREST||21.00% to 25.20%|
|NEI||23.14% to 28.32%|