ProCredit Bank provides a special credit line for small and medium-sized enterprises

13.01.2010

ProCredit Bank will make an additional investment into the development of small and medium-sized enterprises through ProBiznis Partner – a special credit line for production and service-related business activities. As the last year was very challenging to many small and medium enterprises, ProCredit Bank trust it is only possible for businessmen to overcome those challenges with a timely and suited financial support.

Thus, ProCredit Bank has offered loans for working capital for a period of 24 months with a minimum amount of 20,000 KM. ProBusiness Partner loans are agreed upon with a fixed interest rate guaranteeing to businessmen that there will be no modifications to the agreed interest during the loan agreement period. Nominal interest rate for ProBusiness Partner loans amounts from 7.5% (maximum EIR 8.86%) to 9.75 % (maximum EIR 11.61%).

„Sustaining of business operations and perceiving of circumstances at the market not only as a source of potential problems, but also as a chance for further strengthening of competitive advantages, are the two key challenges for the sector of small and medium-sized enterprises. This means that our small and medium-sized enterprises, even in current environment, need to continue with a reasonable improvement of their business. On the way to achieve this goal, ProCredit Bank will remain a partner bank for businessmen providing them with an adequate support and financial counseling” stated Frieder Woehrmann, General Manager of ProCredit Bank.

Loans from ProBusiness Partner credit line may be applied for by March 31st 2010 which is the closing date of the ProCredit Bank’s action.

 

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