Banca Intesa Beograd has expanded its offer for small business and entrepreneurs with a long-term loan intended for the financing of working capital – BizObrt. Loans shall finance the procurement of raw material, material, finished products and goods. They shall be approved in amounts ranging from 10.000 to 150.000 euro with the tenors from 12 to 24 months and with the opportunity to use a grace period lasting from 3 to 6 months. The nominal interest rate amounts from 10 percent annually for loans indexed in euro, i.e. from 17 percent annually for dinar loans. The bank’s fee amounts to 1 percent one-off from the approved amount, so that the effective interest rate shall be from 11.39 percent annually for loans indexed in euros, i.e. from 19.98 percent annually for dinar loans.
As announced by Danijela Tomašević, Head of the Small Business Department in Banca Intesa ad Beograd, Small business and entrepreneurs shall soon also have a credit line at their disposal within which clients of Banca Intesa shall be enabled to use more sophisticated banking products, such as revolving dinar and FX loans, letters of credit and all types of guarantees as well as revolving business cards in order to manage their finances in a more effeicient way. Thereby the offer to this business segment shall be completely rounded off and equalized in regard to the offer of products for large corporates.