Fund for development approves loans for beginners-entrepreneurs and legal entities - A total of RSD 7,2 billion at disposal

Source: eKapija Thursday, 10.03.2016. 08:29
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(Photo: pogonici/shutterstock.com)
The Fund for development of the Republic of Serbia as one of the major partners in the "Year of Entrepreneurship 2016", since Friday March 11, is starting accepting requests within the Program of the Fund for which RSD 7.2 billion were planned. Loans will be granted for start- up loans for beginners - entrepreneurs and legal entities.

The projected repayment period is up to five years within which grace period is up to one year.

The Fund for development will work on improvement of business through marketing loans for working capital (repayment period up to five years within which grace period is up to 9 months) , for the current liquidity (repayment period up to 18 months within which the grace period is up to three months) and short-term loans (repayment period from three to 12).

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