Union Business Credit
Bridge Loan Union Business is intended for those Clients who, in connection with the implementation of investment projects, are applying for subsidies from European Union funds.
Purpose of the credit:
The loan may be used for the purchase of fixed assets, intangible assets, as well as for financing VAT.
Credit amount:
up to 80% of the net value of the investment
Own contribution:
minimum 10% of the project value
Credit period:
up to 15 years
Repayment:
in monthly, quarterly installments, or in other payment terms specified in the credit agreement
Collateral:
determined individually with the Client