EIB 5 Credit Line for Investments

Objective of the loan:

This credit line aims to finance investments and the development of SMEs.


Purpose of the loan:

1. Support for identified projects such as follows:

 Purchase of tangible assets:

  • real estate
  • equipment
  • working capital (not more than 30% of the loan value)

 2. Investments in intangible assets (development, planning, and financing in the construction phase as well as wage costs and other related to the research and development phase).


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:

Up to 250 employees
The minimum amount: EUR 10.000
The maximum amount: EUR 3.500.000
From 250 to 3.000 employees
The minimum amount: EUR 10.000
The maximum amount: EUR 6.000.000

 

До 250 вработени
Минимум: 10.000 евра
Максимум: 3.500.000 евра


Од 250 до 3.000 вработени
Минимум: 10.000 евра
Максимум: 6.000.000 евра
Repayment period:

Up to 12 years
Grace period included:

Up to 24 months
Interest rate for the borrowers:

Up to 1.6 % p.a.
Manner of repayment:

Quarterly
Eligible beneficiaries:
  • Entities which show extended scope of work at least 5% or increased export of at least 5% in the current year compared to the previous one
  • Entities which have invested in modernization, saving of energy, environment protection
  • Entities which have increased the number of employees
  • Entities which have good market competitiveness (operating income larger than operating expense, current liquidity higher than 0.8 and at least 30% export income)
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:

  • Production of weapon
  • Gambling and betting activities
  • Tobacco production
  • Activities involving live animals for experimental purposes
  • Activities affecting the environment
  • Cloning
  • Activities in the field of real estate trading
  • Projects which accounting value exceeds EUR 25 million
  • Entities which number of employees exceeds 250
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 1.5% 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 minimum of the last two years
  • List of largest debtors and creditors to the final borrower
  • List of the management bodies’ members, size of company, number of employees, parts of the entity in the country and abroad

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

STOPANSKA BANKA AD BITOLA

Credit Depart.: 047/207-522
Operator: 047/207-500
contact@stbbt.com.mk
https://www.stbbt.mk/

NLB BANKA AD SKOPJE

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

PROCREDIT BANK AD SKOPJE

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

HALKBANK AD SKOPJE

Credit Depart.: 02/3240-844
Operator: 02/3240-800
info@halkbank.mk
https://www.halkbank.mk

SPARKASSE BANK AD SKOPJE

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

UNI BANK AD SKOPJE

Credit Depart.: 02/3286-025
Operator: 02/3286-100
info@unibank.com.mk
https://www.unibank.mk

CENTRAL COOPERATIVE BANK AD SKOPJE

Credit Depart.: 02/3249-360
Operator: 02/3249-302
info@ccbank.mk
https://www.ccbank.mk/

TTK BANK AD SKOPJE

Credit Depart.: 02/3236-456
Operator: 02/3236-400
ttk@ttk.com.mk
https://www.ttk.com.mk