Loans for Financing Working Assets
PURPOSE
- payments to domestic and foreign suppliers,
- leasing payments,
- salaries,
- fuel,
- tax obligations
- other administrative expenses
TENOR
- up to 12 months – short term loans
- over 12 up to 24 months – long term loans
AMOUNT OF LOAN
From EUR 1.000
CURRENCY
Loans approved in
- EUR
- RSD with currency clause
- RSD without currency clause
INTEREST RATE (annually)
- For short-term loans in EUR or RSD with currency clause: 1M EURIBOR+10 p.p. (EIR: from 14.59 % as of 13/09/2010)
- For long-term loans in EUR or RSD with currency clause: 1M EURIBOR+11 p.p. (EIR: from 14.18 % as of 13/09/2010)
- For short-term loans in RSD without currency clause: 1M BELIBOR+8 p. p. (EIR: from 23.66 % as of 13/09/2010)
- For long-term loans in RSD without currency clause: 1M BELIBOR+10 p. p. (EIR: from 24.5 % as of 13/09/2010)
- For loans granted based on 100% FX deposit : 1M EURIBOR +1,5 p. p. (EIR: from 5.13 % as of 13/09/2010)
DISBURSEMENT
The granted loan can be drawn in several portions and the period of drawdown is limited to one month from the date of signing the Loan Agreement. Any amount not used in a way and period as specified, shall be considered as cancelled.
REPAYMENT
In monthly annuities in currency of disbursement.
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