DBNM (EIB 5)

Funds provided by DBMN (EIB 5)

credit line from the European Investment Bank for financing projects undertaken by small and medium enterprises through the Development Bank of N.Macedonia

For who

small and medium enterprises

Purpose

purchase of fixed assets (except land) and working capital

Amount

from EUR 40,000 to EUR 12,500,000 for fixed assets

up to 666,700 EUR for working capital

Currency

EUR

Repayment period

up to 144 months (up to 36 months for working assets)

Minimum experience

12 months

Grace Period

up to 12 months for fixed assets; up to 6 months for working capital

Participation in the investment

/

Method of repayment

monthly or quarterly installments

Annual interest rate

3.20%

Security

movable objects or real estate

Required documentation for an application

identity card from the manager, current situation not older than 3 months