provides financial support to Businesses for the acquisition of business premises. Commercial mortgage finances:
the purchase of business premises (new built or under construction)
the purchase of a plot
the construction, completion, renovation, maintenance or refurbishment of business premises.
Amount:
From Euro 10.000 and up to:
75% of the budget related to completion, renovation, maintenance, repair of the business property
75% of the market value of the business property.
Duration:
From 5 up to 20 years.
Interest Rate*:
You can choose: • Minimum Lending Rate plus margin .
• fixed interest rate for 3, 5 or 10 years.
(*) plus contribution of Law 128/75
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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