EFSE – for companies

Amount: Up to 100.000 Euros

Tenor: Up to 12 months for working capital, up to 24 months for fixed assets

Terms of payment: Equal monthly installments

Interest: from 9% yearly nominal interest according to the loan amount

Upfront fee: 1%-1,5% once, from the loan amount

Type of disbursement: on the bank account of the client, transfer to the supplier

Target group: Private entities with positive results in performance registered and active at least 1 year 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

Fund: EFSE

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