Working capital is the capital needed to fund current obligations that arise during the ordinary business activities of the final borrower, and relate to the purchase of raw materials, inventory, and other production costs, trade receivables and trade payables. 

Take advantage of the favorable terms of the loan for obtaining the necessary working capital.

FOR MICRO, SMALL, MEDIUM-SIZED AND LARGE COMPANIES

Loans for working capital will be approved with the repayment period of up to four years, while the grace period is nine months. The interest rate is 1.5% per annum if the collateral is guaranteed by a commercial bank, and in other cases 3% per annum, including the use of the currency clause.

The amount of loan and the loan repayment deadline are determined depending on the credit worthiness of the subject and collaterals.

FOR ENTREPRENEURS 

Loans for working capital will be granted to entrepreneurs with a repayment period of up to four years, while the grace period is nine months. The interest rate, loan billing and loan collection will be made as in the case of micro, small, medium-sized and large companies.

More information on this type of loans, the necessary documentation and the application form for obtaining the loans are available on http://www.centarzarazvoj.org/vest.php?id=742&oblast=konkursi

Source: Center for the Development of Jablanica and Pcinj Districts and Coordination Body