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.

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	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%