Current Assets Loans

CURRENT ASSETS LOANS

Purpose

- finance of current assets

- finance of export

- finance of supplies

- finance of debt

- refinance of your own investments

- other purposes

CURRENCY

- EURO

DEADLINE

from 13 to 48 months

GRACE PERIOD

Up to 6 months

REPAYMENT

Monthly payment

interest RATE

(FIXED/VARIABLE)

LOAN MATURITY

Interest rate according to IRR

1++, 1+, 1, 1-, 1--

2++, 2+, 2, 2-, 2--

3+, 3, 3-

UP TO 36 MONTHS

7%            

7.50%              

9.75%

UP TO 48 MONTHS

6.87%+6M EURIBOR

7.37%+6M EURIBOR

9.62%+6M EURIBOR

METHOD OF INTEREST CALCULATION

Proportional method of interest calculation

FEES

-          Application processing fee 0.80 % (calculated on the approved amount).

-          Early repayment fee 3% (calculated on early repayment of the loan if there are more than 60 days to loan maturity)

SECURITY

1) For clients with IRR 1 and IRR 2, the following is mandatory:

- blank promissory note of the company,

- promissory note authorizations of the company,

- authorisations with a company’s payment order,

- personal promissory notes of the owner, with the necessary one minimum of the following means of security:

- the solidarity guarantee of a creditworthy legal person or entrepreneur,

- a business bank guarantee,

- a personal pledge on the goods or equipment acceptable for the Bank,

- real estate mortgage per quality, value, and order of entry acceptable to the bank,

- other acceptable bank guarantees – a combination of mortgages on real estate and other bank-safe providing instruments, deposits, business bank guarantees acceptable to the bank, etc.

2) For IRR clients 3, the following is mandatory:

- blank promissory note of the company,

- promissory note authorizations of the company,

- authorisations with a company’s payment order,

- personal promissory notes of the owner, with the necessary one minimum of the following means of security:

- real estate mortgage per quality, value, and order of entry acceptable to the bank, in relation 1:1, 1 when applying collateral factor,

-100% deposit,

- the guarantee of the first-class business bank in the number of placements,

and optional additional measures of security:

-solidarity guarantee of another solvent legal entity or entrepreneur,

- a personal pledge on the goods or equipment acceptable for the Bank

- other acceptable bank guarantees.

 

loans with the repayment deadline longer than 18 months, no matter of a category of the client, the following is mandatory:

- blank promissory note of the company,

- promissory note authorizations of the company,

- authorisations with a company’s payment order,

- personal promissory notes of the owner, with the necessary one minimum of the following means of security:

- real estate mortgage per quality, value, and order of entry acceptable to the bank, in relation 1:1, 1 when applying collateral factor,

-100% deposit,

- the guarantee of the first-class business bank in the number of placements,

and optional additional measures of security:

-solidarity guarantee of another solvent legal entity or entrepreneur,

- a personal pledge on the goods or equipment acceptable for the Bank

- other acceptable bank guarantees.

AMOUNT

Depending on the client’s creditworthiness of the client and offered measures of security

LOAN DISBURSEMENT

One-time or in instalments, on the client’s account in Komercijalna Banka

CURRENCY

EURO