
CREDIT LINE OF THE EUROPEAN AGENCY FOR RECONSTRUCTION (EAR) – BRUSSELS |
|
Loan Purpose |
- Financing purchase of equipment and financing purchase of intermediate goods to a small extent |
Loan Amount |
Per project up to € 200,000 |
Loan Repayment Term |
Up to 5 years with grace period up to 1 year |
Nominal Interest Rate |
Three-month LIBOR + 3.25 p.p. per annum |
Loan Application Handling Fee |
1% of approved loan amount, front end fee |
Security |
Mortgage on real estate, pledge on equipment, surety of legal entities, deposits of physical persons and legal entities, pledge on securities or some other security instrument acceptable to the Bank |
Comment |
Credit line is intended for small and medium size enterprises with majority private ownership and excluded sectors are agriculture, investments in real estate for market sale, trade and refinancing |