Intesa Sanpaolo Bank Loan for Women in Business Albania

Organization : Intesa Sanpaolo Bank Albania
Facility : Loan for Women in Business
Country : Albania
Website : http://www.intesasanpaolobank.al/web/Women_in_Business_Loans.php

Intesa Loan for Women in Business

With a friend beside, you are a successful woman.

Related : Intesa Sanpaolo Bank Internet Banking Albania : www.statusin.org/41406.html

Purpose of the Loan

A mid- term financing, granted to customers to cover their needs for investment projects, which could not be carried out with capital alone, and can be either to extend/ improve their business capacity or start another business project.

Main Features

Currency : LEK and EUR
Tenor : up to 5 Years
Grace Period : Up to 24 months
Amount : Max 200.000 Eur / Eqv in Lek
Payment mode : Fixed Monthly Installment
Financing : up to 80%
Collateral : Up to 15.000 Eur no collateral is required. For Loans over this amount collateral as per standard investment loan is required.

Terms & Conditions

Interest Rate :
** Interest for amounts up to 15,000 Eur LEK – 8%; EUR – 7.5%
** Interest for amounts above 15,000 Eur LEK – 6.5%; EUR – 5.5%

Administration fee : 0.5 % of the loan amount, min 100 Eur
Unused funds fees : 0.5% p.a
Penalty : IR + 10% p.a
Prepayment Fee : 1% of the prepaid amount
Commission on Collateral Change : ALL 10.000

Documents Required

Same documentation required for standard Investment Loans

Customer’s Benefits

** We are currently the only bank in the market offering dedicated financing opportunities for women entrepreneurs
** We require no collateral for loans up to 15,000 EUR (or eqv);

** We offer attractive fixed pricing for all the duration of the loan
** We provide very smooth terms on lending with Time to Yes – Max 5 days
** We satisfy your non-financial needs through the support provided by EBRD

i. Benefit from EBRD’s Advisory Services, providing expertise in : strategy, marketing, organization, operations, quality management, financial management, engineering efficiency and environmental solutions.

** Skip Installment Options in case of maternity : up to 6 months, during the loan tenor.
** Interest Reimbursement, 5% of interest payments up to max 500 Eur, offered as bonus and honoring regular loan repayment.

Working Capital Loan

A short term financing, granted to customers to cover their needs for operation expenses incurred on day-to-day business, aiming to support them to grow their businesses.

Currency : LEK and EUR
Tenor : up to max 36 months
Amount : Max 50,000 Eur / eqv in lek
Payment mode : Fixed Monthly Installment
Financing : up to 100%
Collateral : Up to 15.000 Eur no collateral is required. For Loans over this amount collateral as per standard working capital loan is required.

Customer’s Benefits

** We are currently the only bank in the market offering dedicated financing opportunities for women entrepreneurs
** We require no collateral for loans up to 15,000 EUR (or eqv);

** We offer attractive fixed pricing for all the duration of the loan
** We provide very smooth terms on lending with Time to Yes – Max 5 days
** We satisfy your non-financial needs through the support provided by EBRD

** Skip Installment Options in case of maternity – up to 6 months, during the loan tenor.
** Interest Reimbursement, 5% of interest payments up to max 500 Eur, offered as bonus and honoring regular loan repayment.