Legal entities > Loans > Green loan > Green loan
Green loan
Green loan from Silk Road Bank without application
fees and without administration costs
Consumer loan for legal entities - financing of projects for using renewable energy sources, improvement of energy efficiency and saving of electricity (for procurement and installation).
Loan amount |
10.000 EUR – 500.000 EUR 600.000 MKD - 30.000.000 MKD For clients in the InnovFin Guarantee Scheme 25.000 EUR - 1.000.000 EUR 1.537.500 MKD – 60.000.000 MKD |
Tenor | Up to 120 months for regular loans Up to 120 months including a grace period for loans under the InnovFin guarantee scheme |
Disbursment | Single or Multiple (upon invoice delivered) The loan is used for a
specific purpose, which means funds are transferred with a payment order to the
seller of the equipment or building materials through the client's account in
the SRB, upon submitted invoice or other payment order |
Currency | MKD |
Grace period | Up to 12 months (payment of interest during the grace period) During the grace period, the loan can not be prematurely liquidated |
Participation | Minimum 20% in the case of purchase of equipment (upon submitted invoice) |
Interest rate | Loans with monetary security
Interest rates for regular loans
|
Costs |
|
Monthly or quarterly annuities | |
Time limit for approval of the application | 10 working days after completing the documentation |
Security | According to the Credit Policy for legal entities |
Related Products | Active e-banking - free of charge AMEX Gold credit card with a limit of MKD 90,000 without an annual membership fee for the company's applicant |
MORE INFORMATION ON 02 3251 900
Required documents
- Court registration documents
-
Decision from the Bureau of statistics of the RM
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Balance sheet and Income statement
- Gross balance (Closing sheet)
- Gross balance (Closing sheet), the latest statement
- List of greatest debtors and greatest creditors (specification on account 12 and 22) and list of guarantors and guarantee types - previous and current year
- Statement for capital and management connection (supplement)
- Greatest shareholders/partners
- Members of management bodies and their representatives
- Size of legal entity (small, mid-sized and large), number of employees, domestic or foreign parts of the legal entity (supplement)
- Statement for total debt in banks on the day of submitting the application
- A business plan, which will provide an image of the history of the business and its owners.
The business plan should encompass:
1. The business' history (origin and description of the products and market segment);
2. Ownership and management (ownership structure, work experience in the field);
3. Sale and delivery (sales in the last 12 months, main buyers, distribution channels, competition and their advantages);
4. Manufacturing methods (whether the principal components and raw materials are domestic or imported, principal suppliers, machines and manufacturing methods, work-force);
5. Financial reports (sales and profit, capital state, debtors, creditors and liquidity);
- Overview of obligations towards banks and other financial institutions, credit structure, approved amount, current state, repayment term, interest rate. Other obligations in the form of borrowings to be stated
- Information regarding the turnover on the foreign currency accounts in the banks in RM
- Age structure of obligations and requests up to 60 days, 60-180 days, over 180 days
- Stockpile list of reserves
6. Future projections and plans (future realization based on Contracts, actual expected monetary inflows, market condition, plan for capital increase, strategy for plan implementation).