InnovFin investment loan without a mandatory mortgage

You want to innovate and improve your products, services and work process?

If securing a mortgage or pledge presents an obstacle to you, you can plan your development with our InnovFin loan without a mandatory mortgage.

In cooperation with the European Investment Fund, we have provided you with a unique long-term loan making it easier to receive financial resources:

  • No obligatory mortgage and pledge
  • Lower costs
  • Simpler procedure

In order to encourage the development of companies in Serbia, besides loosening our collateral policy, we have kept our attractive lending terms.

On the basis of an Agreement signed by Bank Intesa with the European Investment Fund (EIF) on October 16, 2017, every individual placement under this program will be covered by an EIF guarantee in the amount of 50% of the loan.

For more information, contact your client relations manager and apply for a loan.

Funds within the fund are limited.

Loan characteristics:

Clients eligible for the product

Clients, residents whose address is within the territory where the Republic of Serbia has full state authority and for whom a Credit Bureau's Report can be obtained through the Association of Serbian Banks, who have been operating for a minimum of 15 months and are eligible for the loan

Limitation for clients:

Up to 499 employees, at the consolidated level

Up to EUR 50 million of revenue and/or EUR 43 million in total assets at the consolidated level

Loan period

24 to 120 months

Grace period

Up to 24 months

Individual loan amounts

EUR 50,000 - 7,500,000


EUR in dinar countervalue

Purpose of the loan:

Procurement of fixed assets

Manner of loan repayment

In equal monthly/quarterly installments, in dinar countervalue by applying the official middle exchange rate of the National Bank of Serbia on the day of installment payment

The lending program is implemented with the InnovFin guarantee for small and medium-sized companies and the support of the European Union within the financial instrument Horizont 2020.