Micro loans

Amount: Up to 15.000 Euros

Tenor:

• Up to 24 months for working capital
• Up to 60 months for investments in fixed assets

Terms of payment: Equal monthly installments
Target group: Private entities with positive results in performance registered and active at least 3 months before submitting the loan request.
Collateral: Combination of the following instruments: Promissory note;  Lien on salary;  Mortgage  on real estate, Pledge on movables and rights, other collateral acceptable to the Bank
Purpose:
• Financing  working capital (raw materials, trade goods etc.)
• Financing  fixed assets (purchase of equipment, machines, tools, installations, buildings, land, renovation and modernization

Contact:
For all necessary information you can visit all branches of the bank or contact us via e-mail address micro@ikbanka.com.mk