Professional Loans/Overdraft with guarantors

Purpose
• To cover professional needs

Loan Amount
• Up to €20.000. The amount is provided as a loan, as an overdraft in a current account or both with maximum amount €20.000

Collateral
• One to three solvent guarantors. If the loan is provided to a company, then the directors must be the guarantors

Repayment Period
• Up to 7 years

Repayment Method
• Standing Order from a bank account
 
Initial Loan Expenses
• Loan expenses equal to 0,50% of the loan amount. Minimum charge €50

Insurance
• Insurance Life Policy; starting from 2,40‰ yearly calculated on the loan balance

Beneficiaries
• Small and medium-sized enterprises
• Entrepreneurs
• Freelance professionals