Credit program for support of micro, small and medium-size trade companies with the funds from the special credit fund, realized through Development Bank of North Macedonia
The loan is inteded for micro, small and medium-size trade companies, having their seat in the Republic of Macedonia.
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Purpose
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- procurement of fixed assets and/or working capital
- up to 30% of the loan amount approved may be used for working capital
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Country of export
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no restriction - the equipment may be purchased in the country or abroad
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Loan terms
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maximum amount
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up to 300,000.00 EUR
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repayment period
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up to 3 years for financing working capital
up to 10 years for financing fixed assets
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grace period
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up to 12 months
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Interest rate p.a.
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up to 5% p.a. annual, fixed
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Fees
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1% paid one-off, in denars
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Loan security
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the loan shall be secured by usual security instruments in accordance with the Bank’s Credit Policy (mortgage on real estate, pledge of movable property, bills of exchange etc.)
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The loan funds may finance up to 80% of the calculation value of the respective project, and the rest of minimum 20% shall be own participation of the Borrower
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Contact persons
Ilija Mircevski, Chief Coordinator for Corporate Lending
Phone: (+389 2) 3168-504
Fax: (+389 2) 3247-468
e-mail:
e-mail:
Elena Spirovska, Manager of Agriculture Lending Department
Phone: (+389 2) 3168-509
e-mail: