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Investment Loan

Purpose- purchase of:

• Land and building;
• Construction and equipping of enterprises, offices and stores;
• Machine, equipment and vehicles (incl. second hand);
• Intangible assets (licenses, patents etc.);
• Infrastructural facilities;
  
  
  
  Loan amount
  
  The minimum project value is BGN 15,000.00 and the maximum value is BGN 3,000,000.00 or their equal value in each currency traded actively on international money markets.
  
  Co-financing
  
  The company's co-financing share must be minimum 15 % of the investment project amount without VAT.
  
  Repayment period
  Up to 120 months.
  
  Repayment schedule
  Monthly principal and interest installments. Grace period, according to the time table of the investment project implementation
  
  Annual interest rate
  
  Basic interest rate + margin /upon negotiation/ – according to the project risks and return on investment.
  Preferential interest rates for customers that have paid on time at least one loan granted by the Bank.
  
  Collateral
  
  Collateral must comply with the standard bank practices and Bulgarian legislation. Market evaluation is to be prepared by lincesed assessor nominated by the Bank.
  Assets, subject of the investment project are eligible as collateral.
  
  Fees and commission
  
  As fixed in Terms and Conditions of INTERNATIONAL ASSET BANK AD
  
  Additional terms
• Bank service of business operations under company accounts opened with INTERNATIONAL ASSET BANK AD.
• Business history more than 12 months.
• Loan amount and specific conditions are to be defined upon company business plan.
• Collateral insurance in favor of the Bank for the loan period.
• Option for advance loan repayment without penalty fee.
  
  Additional services
• Opening of company employees’ card accounts for direct payroll transfer.
• Option for extending overdrafts on card accounts.
• Option for deposit accounts enabling flexible operation of the resources.