Business Loan
Purpose
• To purchase or have business premises erected, to buy equipment or to meet other professional needs.
• Loan amount
• Depending on the estimated value of securities provided by the client.
Securities
• Mortgage on immovable property or other security
Finance
• Up to 70% on the property value
Paying off period
• Up to 25 years
Paying off method
• By standing order on the current or any other account
Low loan expenses
Insurance
• Life insurance 2.10‰ annually on the loan balance
• Fire insurance 1.65‰ on the value of the mortgaged property
Beneficiaries
• Enterprises
• Freelance professionals
Grace Period
• Up to two years. During the grace period the interest is paid.
Gradual disbursement
• Up to two years
