Credit line for development support to micro, small and medium-sized enterprises, support to export and for permanent working capital through the Development Bank of North Macedonia
Loans from the credit line of DBNM intended for development support to micro, small and medium-sized enterprises (SME), support to export and for permanent working capital intended for all micro, small and medium-sized enterprises from the manufacturing and production- service sector.
PRODUCT 1
|
| Name of the product |
Loans for development of micro and SME |
Purpose
(support to identified projects) |
Purchase of material assets |
- Purchase of fix assets, estates and land for construction of a business building, equipment (minimum 50% of the loan amount)
- Working capital (maximum 50% of the loan amount)
|
| investments in intangible assets |
- development, planning and financing in phase of construction, as well as salary expenses and other related to the research and development phase
|
| Loan terms |
loan currency |
- in MKD with FX clause, or
- in EUR
|
| amount of individual loan |
from EUR 10.000 to EUR 500.000
|
| repayment term |
up to 11 years |
| grace period |
up to 1 year |
| repayment manner |
on quarterly basis |
| Interest rate |
- for loans approved in MKD with FX clause: 6,5% p.a.
- for loans approved in EUR: three-month EURIBOR + 3,75% p.a., variable
|
| Fees |
1% from the loan amount, one-off payment, before the loan disbursement |
PRODUCT 2
|
| Name of the product |
Trade finance facilities (TFF) |
| Purpose |
For working capital for preparation of production intended for export and for working capital after export |
| Loan terms |
loan currency |
- in MKD with FX clause, or
- in EUR
|
| amount of individual loan |
from EUR 15.000 to EUR 2.000.000
|
| repayment term |
up to 2 years |
| grace period |
no grace period |
| repayment manner |
on quarterly basis |
| Interest rate |
- for loans approved in MKD with FX clause: 6,0% p.a.
- for loans approved in EUR: three-month EURIBOR + 3,75% p.a., variable
|
| Fees |
1% from the loan amount, one-off payment, before the loan disbursement |
PRODUCT 3
|
| Name of the product |
Loans for permanent working capital (PWC) |
| Purpose |
Provision of working capital |
| Loan terms |
loan currency |
- in MKD with FX clause, or
- in EUR
|
| amount of individual loan |
from EUR 15.000 to EUR 300.000 |
| repayment term |
up to 3 years |
| grace period |
u to 6 months |
| repayment manner |
on quarterly basis |
| Interest rate |
- for loans approved in MKD with FX clause: 6,5% p.a.
- for loans approved in EUR: three-month EURIBOR + 3,75% p.a., variable
|
| Fees |
1% from the loan amount, one-off payment, before the loan disbursement |
GENERAL CONDITIONS
|
| Eligible borrowers |
All micro, small and medium-sized enterprises whose number of employees does not exceed 250, with down payment of at least 15% of the amount of the project |
Bans and exclusions
(projects excluded from financing) |
- export of weapons,
- games of chance and hazard,
- activities having impact on the environment and which do not meet the regulations for environment protection,
- export of wildlife or cloned animals,
- trade with harmful radioactive waste,
- projects which includes exploitation forms of forced work and abuse of children,
- projects in protected zones and regions of scientific importance,
- activities forbidden by international conventions regarding protection of biological sources or cultural heritage.
|
| Security |
Loans are secured by usual security instruments pursuant to the Credit Policy of the Bank (mortgage on real estate, pledge of movables, bills of exchange etc.) |
| Loan validity term |
Within 3 months from the date of the first remittance of proceeds |
| Fees for early loan repayment |
0,125% from the amount repaid before maturity |
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: