Croatian Agency for SMEs, Innovations and Investments (HAMAG-BICRO) has again made available to entrepreneurs Financial instrument ESIF Micro loan for working capital.
Objective The financial instrument is lending to micro and small entities of the small economy under more favourable financing conditions.
Purpose of the loan the financing of working capital, i.e. Financing of costs:
- preparation of production,
- raw materials and materials;
- other production costs,
- employee costs,
- lease of office space,
- overheads,
- general expenses.
The financial instrument is intended for entities which, pursuant to the Small Business Promotion Act, have the status of a micro or small entity of a small holding and which, at the time of submission of the Loan Application:
- registered and carrying out the activity for which the loan is requested,
- have more than 50% private property/capital/voting rights;
- have at least one full-time employee;
- have no giro account continuously blocked for more than 30 days in the last 6 months and are not currently blocked,
- have no outstanding liabilities to the State or have agreed with the State to reschedule liabilities in accordance with the applicable regulations.
Terms and repayment of the loan:
- Minimum loan amount: 1.000,00 EUR
- Maximum loan amount: 25,000.00 EUR
- Interest rate: 0,5 %
- Period of use: 3 months after the disbursement of the loan
- Starting point: up to 6 months (if repayment is at least 2 years)
- Repayment period: 1 to 3 years (inclusive)
- Repayment dynamics: Quarterly Rate
- Security instruments: Promissory notes of the borrower and owner and other collateral
- Loan approval fee: free of charge
More details: www.hamagbicro.hr
For any questions, please contact us at: rraporin@porin.hr or 051 634 331.
