FINANCIAL SUPPORT FROM IRF


Credit lines offered Investment and Development Fund :

 

1.Credit lines to encourage entrepreneurship:

  • start-up
Invest rate Maximum loan amount Minimum loan amount Grace period – years Maximum term (including grace period)
3,90% 50.000,00€  €10.000,00 4 years 12 years
 
  • women entrepreneurship
Invest rate Maximum loan amount Minimum loan amount Grace period – years Maximum term (including grace period)
3,50% 300.000,00€  €10.000,00 4 years

12 years

 

  • young in entrepreneurship,
Invest rate Maximum loan amount Minimum loan amount Grace period – years Maximum term (including grace period)
3,50% 50.000,00€  €10.000,00 4 years 12 years
 
  • Development loans for micro, small and medium businesses
Invest rate Maximum loan amount Minimum loan amount Grace period – years Maximum term (including grace period)
4,90% 150.000,00€ €10.000,00 1 years 8 years
 
 

2. Credit line for support to existing companies with activity:

- Agriculture,

- Production,

- Services,

- Wood processing,

- Cluster.

 

3. Credit lines to support infrastructure:

- Water supply,

- Enviornmental protection,

- Energy efficiency and

- Renewable energy sources.

 

4. Credit lins to improve liquidity:

- Factoring,

- Permanent working capital,

- Refinancing of current credit commitments,

- Preparation of tourist and agricultural season (short-term).

 

5. The credit line to support investment in ICT sector

 

In addition to the Investment and Development Fund , financial assistance are available from 14 commercial banks operating in the territory of Podgorica. Central bank of Montenegro