EIB 7 Credit Line for Permanent Working Capital (including the green transition)

Objective of the loan:

Funds from the credit line are aimed to support the companies in obtaining permanent working capital.


Purpose of the loan:

Support of requests for a permanent increase in working capital needs.


Sources of funds:

European Investment Bank in the amount of EUR 100.000.000.


Eligible beneficiaries:

Potential beneficiaries may be the companies in private ownership, registered in the Republic of North Macedonia.



Terms and conditions of the loan:


Single loan amount for the final borrower:

The minimum amount of EUR 5.000

The maximum amount of EUR 666.700
Repayment period:

Up to 3 years
Grace period included:

Up to 6 months
Interest rate for the borrowers:

Up to 3.5% p.a.
Manner of repayment:

Quarterly
Participation of EIB funds in project financing:

Up to 100%
Disbursement to and repayment by the intermediary bank:

Foreign currency (EUR)
Bans and exclusions:

Fields excluded from financing with this product are:

 

  • Manufacture and export of weapons and equipment or infrastructure and equipment or infrastructure restricting individual rights and freedoms of human beings or violating human rights
  • Activities aimed at producing or enabling the use of gambling equipment and other related equipment and games of chance
  • Activities aimed at the production, manufacture, processing, or specialized distribution of tobacco, as well as activities that enable the use of tobacco
  • Activities related to experiments on live animals
  • Activities that have a negative impact on the environment
  • Activities that are considered ethically and morally controversial
  • Genetically modified organisms (GMO), abortion clinics, nuclear power, cloning
  • Activities in the field of real estate trading
  • Projects which accounting value exceeds EUR 25 million
  • Entities which number of employees exceeds 250
  • Exploration and production, refining, transportation, distribution, and storage of coal, oil, and natural gas
Miscellaneous:

The number of employees should not diminish during the repayment period
Management fee for the intermediary bank:

The intermediary bank may charge the final borrower a management fee of 1,0% one-off.

Required documents:

  • Loan application and Business Plan / Investment Programme
  • Company information from the Central Registry of the Republic of North Macedonia
  • Copy of the proof for ownership of the offered collateral and its evaluation
  • Annual statements for a minimum of the last two years
  • List of largest debtors and creditors to the final borrower
  • List of management bodies' members, size of the company, number of employees, parts of the entity in the country and abroad
  • Other documents on the request of the bank

CALCULATOR

Lending and Commission Work Division Contact:

Tel. 02/3115-844, 02/3114-840 ext. 121, 124, 127.


Intermediary banks where a request can be submitted:

KOMERCIJALNA BANKA AD SKOPJE

Credit Depart.: 02/3168-504
Operator: 02/3168-168
contact@kb.com.mk
https://kb.com.mk

STOPANSKA BANKA AD SKOPJE

Credit Depart.: 02/3295-524
Operator: 02/3295-295
kontaktcentar@stb.com.mk
https://www.stb.com.mk

SPARKASSE BANK AD SKOPJE

Credit Depart.: 02/3200-520
Operator: 02/3200-576
contact@sparkasse.com.mk
https://sparkasse.mk

PROCREDIT BANK AD SKOPJE

Credit Depart.: 02/3219-927
Operator: 02/3219-900
info@procreditbank.com.mk
https://www.pcb.mk

NLB BANKA AD SKOPJE

Credit Depart.: 02/510-638
Operator: 02/15-600
info@nlb.mk
https://nlb.mk/