QUICK LOAN” – Business

The quick loan for business is the easiest way to receive funds that are necessary for your business.

• NO COLLATERAL, NO GUARANTOR!
• Approval within a single day!
• Amount up to 600,000 ALL

The loan product “QUICK LOAN”- Business, is a product specifically designed for businesses and agrobusinesses that are willing to invest on every need and purpose such as:

Business

• – Investments in working assets,
• – machinery,
• – production lines,
• – equipment,
• – working vehicles,
• – adjustments of work premises etc.

Agrobusinesses

• – Construction of stalls,
• – addition of the number of animals in the farm,
• – construction of greenhouses,
• – establishment of orchards and auxiliary system,
• – purchase of agricultural mechanics,
• – fencing of farm venues,
• – purchase of processing equipment etc.

Beneficiaries:

Customers who exercise formalized commercial activity.

Active license >=3 months. If the subject exercises seasonal activity, minimally it must have an active season of (3 months), within the calendar year.

LOAN CHARACTERISTICS:

AMOUNT	The maximum loan amount is  600,000 ALL
CURRENCY	ALL
TERM	Up to 4 years (48 months)
FEE	3-4% according to the loan term
COLLATERAL	Without collateral
REPAYMENT	Depending on client preference: • Flat – equal installments for the whole repayment period. • Declining – Interest is calculated on the remaining amount of principal
INTEREST	Starting at 2.17% per month Interest rate is consistent with: • Loan amount and terms • Collateral to be used as a guarantee for the loan • Number of loans the client has benefitted
NEI	29.33% to 30.60%