Micro Working Capital Loan for Rural Development

Feature/product (financial instrument) Micro Working Capital Loan for Rural Development
Target group Micro and small-sized economic operators, and according to the conditions prescribed by the measures of the Rural Development Program of the Republic of Croatia for the period 2014-2020, eligible for financing from this instrument
Amount From EUR 1,000 to EUR 25,000
Interest rate 0,5%
Grace period Up to 12 months if the repayment period is a minimum of 2 years
Repayment period Up to 3 years, including the grace period
Collaterals Promissory notes, other collaterals according to the risk assessment
Aid - De minimis, public aid
Intended use - working capital