PERMANENT WORKING CAPITAL LOAN PROVIDED BY MBDP FOR SME

Purpose: Financing permanent working capital for small- and medium- sized enterprises.


characteristics


Loan amount:

By the creditworthiness of the loan applicant, minimum EUR 30,000 maximum EUR 300,000

Loan currency:

MKD loan with FX clause

Repayment period:

up to 3 years with possible 6-month grace period included

Repayment terms:

equal monthly, quarterly and semiannual repayments of the principal or by previously defined repayment schedule


conditions


Collateral:

In line with the Bank Collateral Catalogue and Policy*

Minimum eligible collateral:

Mortgage on real estate and/or pledge on movables and notarized draft or solemnized credit exposure agreement with enforcement clauses Other: valid for companies with over 51% private ownership. Preferential clients for this loan are those whose scope of work and export in the current year has increased compared to the previous year, which invested in modernization, energy efficiency, environment protection, increased the number of employees and with good market competitiveness (operating income higher than operating expenses, current liquidity more than 8.0)

Prohibited lending activities:

weapon production, games of chance, activities having adverse effect on environment, cloning


interest rates


Interest rate:

6.5% annually, fixed

Commission:

up to 1 of the approved loan value

Commission for prepayment of the loan:

3% of the prepaid amount

Other fees and commissions:

MKD 2,000 handling fee for approved application

Loan currency:

the loan is reimbursed in accordance with the Decision on Interest Rate Policy of the Bank