Financing of small and medium sized enterprises from the resources of Rural Development Foundtation
The loan is meant for business and non-profit sector both for long-term and short-term investments.
TERMS AND CONDITIONS
The bank grants a loan in accordance with cooperation agreement with Rural Development Foundation (MES) and based on the terms and conditions established by MES (incl. requirements for applicants, amount of loan, purpose, term, grace period, interest rate etc), to the business or non-profit associations belonging to the target group from the resources borrowed by the bank from MES. Detailed information here.
Requirements for applicant, collateral and documents to be submitted are the same as in case of application of business loan, as an addition, they have to correspond with the terms and conditions established by MES.