Loan for Purchase of Fixed Assets - Biz Invest

Long-term investment loan

Our aim is to provide you with long-term, reliable support by funding your development, long-term investments, investment projects, purchase of fixed assets or non-current working assets, purchase of office space, or refinancing of your investments from own resources.

  • Loan may be in dinars or indexed in euros
  • Repayment period up to 120 months
  • Grace period up to 12 months
  • Collateral: pledge of chattels, mortgage, co-borrowing by a single legal entity or several legal entities (mandatory for related parties)

Loan for Purchase of Fixed Assets - Biz Invest in dinars

Long-term investment loan

Our aim is to provide you with long-term, reliable support by funding your development, long-term investments, investment projects, purchase of fixed assets or non-current working assets, purchase of office space, or refinancing of your investments from own resources.

  • Loan may be in dinars or indexed in euros
  • Repayment period up to 120 months
  • Grace period up to 12 months
  • Collateral: pledge of chattels, mortgage, co-borrowing by a single legal entity or several legal entities (mandatory for related parties)

  • Key features
  • Representative example
Type of loanLoan for purchase of fixed assets – Biz Invest
CurrencyRSD
Indexing criteriaNo indexing criteria
Loan amountRSD 600,000–60,000,000
Repayment periodUp to 120 months
Interest rate
(at annual level)		3M BELIBOR + 13.83% annual, variable
CollateralFor loans with repayment period up to 36 months:
  • 6 (six) blank solo promissory notes signed and verified by the user, with authorization to realize the note + 1 for each additional year for repayments over 12 months
  • Guarantee – 2 (two) blank solo promissory notes by a natural person (owner, founder, or director) including “without protest” clause
  • Guarantee by related legal entities/entrepreneurs, if any (6 promissory notes with authorizations + 1 for each additional year for repayments over 12 months)
  • 1st order pledge over equipment or 1st order mortgage over registered or unregistered real property, in line with the Law on Mortgages. Insurance policy over movable property or real estate assigned to the bank, issued by an insurance company acceptable to the bank
For loans with repayment period over 36 months:
  • 6 (six) blank solo promissory notes signed and verified by the user, with authorization to realize the note + 1 for each additional year for repayments over 12 months
  • Guarantee – 2 (two) solo promissory notes by a natural person (owner, founder, or director) including “without protest clause.
  • Guarantee by related legal entities/entrepreneurs, if any (6 promissory notes with authorizations + 1 for each additional year for repayments over 12 months)
  • 1st order mortgage over registered or unregistered real estate, in line with the Law on Mortgages. Insurance policy over real estate assigned to the bank, issued by an insurance company acceptable to the bank
Expenses charged to the loan beneficiary’s account that are known at announcement and are calculated in the effective interest rate
Loan application fee

1–3% of the loan amount in dinars, as single payment

1 promissory note

RSD 50

Credit Bureau statementRSD 600 for entrepreneurs or RSD 1,440 for legal entities
Tax certificate (for entrepreneurs)RSD 580
Notarization of pledgeRSD 10,080 *
Insurance of real property – annualEUR 40 *
Issuing of the real estate folioEUR 10 *
Appraisal of real propertyEUR 100 *
Mortgage inscription feeRSD 20,000 *
Pledge inscription feeRSD 1,000 *
* Expenses charged to the loan beneficiary’s account, calculated in the effective interest rate, the value of which is outside of the bank’s competence. Please note that these are provisional (average) amounts, not dependent on the bank but on the fees and compensations of courts, Republic Geodetic Authority, insurance premiums of insuring companies, etc.
Expenses charged to the loan beneficiary’s account that are not known at announcement

No additional charges

Representative example for clients, with the effective interest rate calculated on 3rd January 2019

Type of loanLoan for purchase of fixed assets – Biz Invest
CurrencyRSD
Indexing criteriaNo indexing criteria
Loan AmountRSD 50,000,000
Repayment period120 months
Monthly instalmentRSD 773.588,39
Interest rate
(at annual level)		3M BELIBOR + 10.68% annual, variable 3M BELIBOR on 3.1.2019 = 3,04%
Effective interest rate (at annual level)15.48%
Expenses charged to the loan beneficiary’s account that are known at announcement and are calculated in the effective interest rate
Loan application feeRSD 1,000,000
15 promissory notesRSD 750
Credit Bureau statementRSD 600 (for entrepreneurs)
Tax certificate (for entrepreneurs)RSD 580*
Notarization of pledgeRSD 10,080 *
Property insurance – annualEUR 40 *
Issuing of the real estate folioEUR 10 *
Appraisal of real estateEUR 100 *
Mortgage inscription feeRSD 20,000 *
Other calculations regarding this product available in the bank branch offices with Small Business Advisors.

* Expenses charged to the loan beneficiary’s account, calculated in the effective interest rate, the value of which is outside on the bank’s competence. Please note that these are provisional (average) amounts not dependent on the bank but on the fees and compensations of courts, Republic Geodetic Authority, insurance premiums of insuring companies, etc.