QUICK LOAN- Business
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:
- Investments in working assets, machinery, production lines, equipment, working vehicles, adjustments of work premises etc.
- 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.
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.
|AMOUNT||The maximum loan amount is 600,000 ALL|
|TERM||Up to 4 years (48 months)|
|FEE||3-4% according to the loan term|
|REPAYMENT||Depending on client preference:
• Flat – equal installments for the whole repayment period.
• Declining – Interest is calculated on the remaining amount of principal
|INTEREST||22.10% to 25.70%
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%|