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provides financial support to Businesses for the acquisition of business premises.
Commercial mortgage finances:
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the purchase of business premises (new built or under construction) |
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the purchase of a plot |
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the construction, completion, renovation, maintenance or refurbishment of business premises.
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| Amount: |
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From Euro 10.000 and up to: |
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70% of the budget related to completion, renovation, maintenance, repair of the business property |
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70% of the market value of the business property. |
| Duration: |
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From 5 up to 20 years.
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Interest Rate*: |
| Minimum Lending Rate (today 8.35%) plus margin up to 4.00% |
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| 3-year fixed interest rate |
today 9.00% |
| 5-year fixed interest rate |
today 9.75% |
| 10-year fixed interest rate |
today 10.00% | (*) Plus contribution of Law 128/75, i.e. 0,60%.
After the expiration of any fixed interest rate period, you can choose any of the above variable or fixed interest rates.
Through monthly or quarterly amortization installments.
Up to 6 months for the purchase of business property and up to 2 years for construction, completion. |
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