Credits for working capital

Credits Purposes

     Program funds are intended to provide financing of working capital of which the firms have great needs.

Who can apply

     As potential beneficiaries are SMEs, registered in Republic of Macedonia , which capital is over 51% in private ownership, and show solid performance results.
     Funds are approved to legal entities registered for performing activities anticipated in the National Classification of Activities, excluding the following activities:
    •  E – Trade
    •  J – Public Administration, obligatory public welfare
    •  M – Private households with employed persons
    •  N – Exterritorial organizations and bodies

     Funds of the credit line cannot be used for financing consumable goods, as well as luxury goods, goods and materials directly related to be used for military purposes. Goods that are not in accordance with the prevailing environment regulations in the Republic of Macedonia, goods for genetic engineering, production, stocking and manufacturing of radioactive products or waste, goods for production, distribution or sale of internationally forbidden pesticides and herbicides, as well as goods for stocking, manufacturing and discarding of harmful waste materials.
     The funds of the credit line shall not be used for financing customs and other import taxes, as well as other costs related to the import of goods in the Republic of Macedonia.

Purpose

     For Working capital, 100%.

Terms and Conditions