Credit line characteristics
Credit line assets are intended for:
- purchase, reconstruction or expansion of fixed assets other than land,
- financing permanent working capital,
- intangible assets,
- development, planning and financial expenses during the construction period,
- costs of research and development,
- development of a distribution network in the country and abroad.
Credit line assets cannot be used for:
- purchase or construction of facilities for the purpose of selling or renting,
- purchase of other companies except in case of pure purchase of facilities or equipment,
- funding VAT as part of the investment except in case there is no return thereof. Otherwise, the subject of financing can be only the net amount of the investment.
Loan terms:
- Loan repayment period: from 2 to 12 years
- Grace period: up to 2 years
- Maximum loan amount: EUR 12,500,000
Contact e-mail: sme@bancaintesa.rs.