Credit line by the German KfW - Revolving

Credit Line Goal

     Credit Line Funds are intended for modernization and expansion of the existing private small and medium size enterprises, as well as establishing of new ones.
     Funds of credit participate with 85% from the estimated value of the project, and the borrower participates with 15%, as its own contribution.

Who can apply

     Potential credit beneficiaries are legal entities registered in the Republic of Macedonia, which capital is over 51% in private ownership, and which show solid working results.
     Potrencial credit beneficiaries may be legal entities that already ussed the funds from Credit line bu the German KFW or other MBDP credit lines.
    Within this Credit Line there is also possibility for financing of start-ups or developing new business lines within existing enterprises. The investor or the person in charge for the project implementation should have previous experience in the respective business. The credit amount for such enterprises may exceed up to EUR 250,000. In such case it is desirable a third party guarantee.

Purpose

     Credits are intended for financing of:
        • Fixed assets - minimum 40%, and
        • Working capital - maximum 60%.

Terms and Conditions