Whom it Concerns:
All Small and Medium Size Enterprises and freelance professionals.
Purpose:
Finances the cost of investments for the purchase of fixed assets and equipment.
Loan amount:
Covers up to 70% of the investment cost (under certain conditions up to 100%).
Term :
Up to 15 years (for buildings) with grace period option up to 2 years.
Up to 8 years (for equipment) with grace period option up to 1 year.
Repayment:
Through amortization installments.
Interest rate:
Information is available in ATEbank’s “Interest Rates” section.