Make use of a medium-term or long-term development loan with optional grace period on principal, which is due after completing your development works.

• legal entities running their businesses in the Republic of Albania.

• proving of loan recoverability – is understood an evidence of capacity to meet obligations arising from the loan, repay the loan including interests and fees within requested maturity and under terms and conditions agreed in advance,
• purpose of the loan - the bank grants the loan for a specific purpose related to investment finance, procurement of any assets crucial for entrepreneur to perform his business activities
• the bank does not grant loans associated with business activity, that may jeopardize public order, morality or environment,
• the loan including interests and fees must be sufficiently covered by collateral

• usual security that the Bank may require:

  • immoveable assets, pledge over movable assets, securities and receivables,
  • security in form of receivable assignment,
  • deposit blocked with Intesa Sanpaolo Bank Albania
  • third - party guarantee
  • bank guarantee
  • blank promissory note,
• additional conditions may be required depending on the nature of transaction, knowledge and creditworthiness of the entrepreneur, (e.g. notarial deed as a warrant of distress over assets).

• Loan Application in writing,
• Attachments to the Loan Application depending on amount and type of loan, and nature of the business:
  • documents certifying the license to perform the relevant business,
  • financial statements for the last two completed fiscal periods,
  • business plan, investment plan, contract of work,
  • documents related to the loan security,
  • other documents related to the loan purpose

• Interest: based on the cost of funds to Intesa Sanpaolo Bank Albania, plus a margin. It also depends on the amount of the overdraft, the risk rating of the client and the overall loan pricing. In case of a temp OD line a higher interest margin is charged for making available the facility (necessary liquidity);
• Administrative fee: 1 o/oo of credit line, min. € 500; Renewal € 500,
• Interest Period: Monthly
• Interest base : reviewed quarterly
• Penalty: (over interest): 5%-10%,
• Commitment Fee: 1%.
• Syndication Fee (if applicable)
• Other Administrative/ Legal

• Interest: based on the cost of funds to Intesa Sanpaolo Bank Albania, plus a margin. It also depends on the amount of the loan, the risk rating of the client and the overall loan pricing;
• Administrative fee: 1 o/oo of credit line, min. € 500; Renewal € 500,
• Interest Period: Monthly
• Interest base : annually / fixed
• Penalty (over interest): 5%-10%,
• Commitment Fee 1%.
• Prepayment fee: 3%
• Syndication Fee (if applicable)
• Other Administrative/ Legal

• A brief history of its business, and a description of borrower's organizational structure, including the shareholder. Last 12 months should be in detailed
• Partnership agreement with other companies in Albania or abroad for the sale or development of product (if any)
• Previous three years of business financial statements and current interim financial statement (audited if possible)
• Actual business plan, including prospects for the future and analyses of negative factors in the specific business
• Documents certifying the origin of the property which is going to be pledged
• A certificate issued by an authorized institution which confirms that such property is not pledged
• Evaluation of collateral (confirmed by authorized appraisal)
• Insurance policy of the pledged property
• Life insurance of the borrower
• Documents confirming that the Borrower has a credit line with another or other Banks
• Agreements or contracts with suppliers or consumers