Product Description
The Shop Improvement Loan is designed to fulfill the necessities that individuals have for the improvement of the premises of a shop/office that they own. From this product can profit individuals that will use the premise for rent purpose, individuals (owners of an activity). Also, Self-employed professionals (doctors, notary advocate, pharmacist, accountant etc.), may apply in order to improve their working environment.
Terms and conditions of the Shop Improvement Loan
| Terms and conditions | |
|---|---|
| Loan Currency | ALL/Euro |
| Maximum loan amount | Up to 12,000,000 ALL / Euro 100,000 |
| Maximum maturity | Up to 15 years |
| Interest rate starts from | 1Y T-Bill + 3.2% for ALL currency 1Y Euribor+ 4% for Euro currency |
| Disbursement Commission | 1% |
| Financing Criteria (Loan amount/ Open Market Value of the collateral offered) |
75% ( not more than preventive value) |
| Collateral | Real estate property only, considered as marketable (credit object is preferred) |
For further information on the product terms and conditions click at the pre-contractual standardized information letter below.
Please download the respective documents requested Shop Improvement Loan
Please download the pre-contractual standardized information letter