Administration accounts and historic records – To see proof of previous monetary performance (perhaps not relevant to start-ups)
Company Loan Rates and Charges
Loan size The minimal loan size is ВЈ1,000 and also the optimum is ВЈ25,000.
Loan term the loan that is minimum is one year in addition to optimum is ten years.
Interest the attention price is fixed for the term of this loan and consented during the outset. Interest is charged for the complete loan and any thirty days whenever a repayment just isn’t made.
Arrangement cost No arrangement cost.
3 or payment that is 6-month A 3 or 6-month payment vacation can be obtained in the beginning of the loan. If this method is taken, interest is charged for the 3 or 6- period, meaning the amount of interest you pay will be higher month. Continue reading Income forecast and business plans – to show your capability to imagine logically regarding the company strategy and enterprize model