Catch the Moment
Invest in your business up to 150,000 euro, WITHOUT MORTGAGE!
TEB Bank, in continuation of its support for business development and overcoming difficulties as a result of the pandemic and other restrictions, offers the newest loan campaign.
Invest in business, get a loan of up to 150,000 euro with preferential terms without mortgage!
Who can apply for a loan?
All new and existing SME clients who have financial capacity, proven credit history and a valid investment plan.
- Loan amount up to: 150,000 EUR for Businesses
- Loan amount up to: 100,000 EUR for Agrobusinesses
- Administrative expenses: 0.50%
- Loan maturity up to: 84 months
- Normal annual interest starting from: 6.36%
- Normal effective interest starting from: 6.96%
What do you need to apply?
- Valid identification document (ID card, passport or driving license)
- Your business documents
Additional documents that may be required based on the value of loan:
- Vehicle registration certificate (vehicle must not be older than 12 years)
Example: Bank financing 100,000 Euro, Annual interest rate: 6.36%, Administrative expenses: 0.50%, Maturity up to: 48 months.
The total amount that the client must repay by the end of the contracted term is 13,496 Euro.
The offer is valid until 31.03.2021.
TEB, Bank for a changing world!