Welcome

Info line for Visa online payment
Call Center
Facebook
Certificates

BUSINESSUP LOANS


Through its BusinessUp loans Čačanska banka provides easier access to finances to micro enterprises. This means smaller collateral requirements, longer maturities, lower interest rates and increased financing volume.

Loan amount

From EUR 4,000 up to EUR 25,000

Down payment

None

Maturity

Up to 48 months

Grace period

Up to 12 months

Borrowers

Micro enterprises according to EU definition (less than 10 employees, up to EUR 2 million income and/or assets)

Sturt up enterprises - established not more than 2 years ago

Purpose

Financing fixed assets

Financing working capital

Nominal interest rate

9.00% + 6m EURIBOR 

Front-end fee

1.50% in a lump sum

Effective interest rate

10.35%

Collateral

Depends on client credit rating and maturity of the loan: promissory note, authorization, pledge, mortgage

EXAMPLE as of 24.03.2015 

Amount

EUR 25,000.00

Nominal interest rate

9.114% (6m EURIBOR - 0.114% p.a. + 9.00% p.a.)

Maturity

48 months

Grace period

6 months

Monthly instalment

EUR 595.24

Fee 

EUR 375.00

Other fees

RSD 600.00 - Credit Bureau - entrepreneur

RSD 246.00 - Credit Bureau - retail client

RSD 50.00 - Promissory note

Total amount for repayment

EUR 30,689.00

Efective interset rate

10.49% p.a.

 

0800 100 111

krediti.privreda@cacanskabanka.co.rs