Investment Loan for Small Business
Fund capital expenditure
Available to be used
Terms of the Loan
- Amount up to 500,000 EUR
- Maturity up to 15 years
- Currency Lek & EUR
- The interest rate is floating and correlated with the type of collateral
- Flexible Loan repayment Schedule depending on the Investment Plan
- Collateral: Immovable Property, Land (including agricultural land)
Characteristics of Business Investment Loan
- Apply for a long-term financing used for investment projects, which could not be carried out only with capital usage. The loan can be used for business growth or to start another business project.
- The purpose of the loan - the bank grants the loan for a particular purpose related to the financing of the investment, the procurement of any substantial asset by the entrepreneur for the development of his business activity.
- The Bank does not grant credit to businesses that endanger public order, moral principles and the environment.
- The loan, including interest and commissions, should be adequately covered by collateral
- Collateral required by the bank:
- Real estate
- Blocked deposit at the bank
- Additional conditions may be required depending on the nature of the action, knowledge and validity of the creditor's granting of the loan (e.g. notarial act as an asset risk guarantee).
- Legal documents for the activity
- Last three years Financial Statements
- Investment Plan documents
- Collateral documents
- Account Statements for last 12 months ,from banks where the client has loans exposure
- Preliminary consent for the research in Albanian Credit Register of bank of Albania.