LOAN FACILITIES FROM FINCOMBANK FOR YOUNG ENTREPRENEURS UP TO 1.500.000 MDL
FinComBank S.A. has launched a new campaign, called #FinComBusiness - the partner of your success, in order to support young entrepreneurs. The credit will be offered through special programs as IFAD (FIDA) I, IV, V Refinancing, RISP II Refinancing and PAC II Refinancing.If you are between 18 and 35 years old and hold 75% of the company's capital (during the first two years of financing), you can benefit from special conditions.
The program that supports young entrepreneurs offers several advantages:
the maximum amount of financial support is up to 1.500.000 MDL;
no matter what program you chose, the interest rate is 3% lower than the current rate of the that program;
the grace period is up to 12 months;
the issuing fee is only 0.5% of the approved loan amount.
The special projects are offered to young entrepreneurs who carry out their activities throughout the Republic of Moldova, except for the cities Chisinau and Balti – the IFAD (FIDA) IV and the IFAD (FIDA) V Refinancing programs.
You can get the loan according to the conditions specified in the special projects, which are offered especially for:
v the purchasing of the new and second-hand equipment and goods, for the production and service activities in all sectors of the national economy (IFAD I Refinancing, RISP II Refinancing).
v also, it is intended to be used for all activities in the agriculture fields, such as activities related to the development of the agriculture value chain (IFAD V Refinancing) - including the production, harvesting, preservation of fruits, vegetables and other plants, the cultivating, purchasing of animals and the development of farm tourism.
v financial resources can also be accessed for the development of horticulture (IFAD IV Refinancing) – everything related to the establishment and maintenance of vineyards and orchards, the construction / restoration of greenhouses, refrigerators, the processing and packaging of horticultural products.
Also, the PAC II Refinancing project can be used for the investments and working capital related to direct or indirect export activities in the field of agriculture, production or providing of services in all sectors of the national economy.
#FinComBusiness - the partner of your success!