Business loans
Loans for development of business activity are intended for clients who already have their own business or are participating in the family business:
| Amount: | up to 10,000 BAM |
| Limitations in the first cycle: | do 5.000 KM |
| Maturity: | up to 60 months |
| Nominal interest rate: | already from 18% depending on the loan amount (EIR 19.6%) |
| Grace: | up to 6 months |
Business loans: loans for initiation and development of business activity.
Loans for initiation of business activity:
| Amount: | up to 2,000 BAM | |
| Maturity: | up to 15 months | |
| Nominal interest rate: | already from 25% (EIR 28,21%) | |
| Grace: | up to 3 months | |
WITHOUT LOAN PROCESSING EXPENCE.
Guarantee
Types of guarantees
- Contract on guarantee with annex “list of property-pledge list”. Beneficiary of the loan provides guarantee with own property.
- Contract on guarantee with annex “list of property-pledge list of the third party. The third party (person not living under the same roof with the loan beneficiary) provides guarantees with specific property that s/he owns.
- Contract on guarantee with annex „salary pledge“.
- Contract on guarantee of a legal person with a blank promissory note.
For requests for loans amounting up to 5,000 BAM it is necessary to provide at least one of the listed guarantees.
For requests for loans amounting more than 5,000 BAM it is necessary to provide at least two of the listed guarantees.
| Amount | Maturity | Interest rate |
Monthly instalment | Total commitment |
| 1.000 | 12 | 27% | 96,02 | 1.152,24 |
| 2.000 | 12 | 25% | 190,09 | 2.281,08 |
| 3.000 | 12 | 23% | 282,23 | 3.386,76 |
| 5.000 | 12 | 20% | 463,17 | 5.558,04 |
