Western Balkan Guarantee Fund Facilities
The European Investment Fund (the EIF) and ProCredit Group have signed a new Collaboration Agreement granting SMEs operating in Western Balkan countries much easier access to affordable sources of funding. Financing secured through ProCredit Bank a.d. Beograd is possible via EU support made available through the Western Balkans Enterprise Development and Innovation Facility (WB EDIF).
The WB Guarantee Fund will provide guarantees to all ProCredit Bank Serbia loans approved to businesses in line with the criteria set forth in this programme.
Who is it intended for?
- Legal entities
- Agricultural producers with registered holdings
- Maturity from 36 to 120 months
- Minimum amount of EUR 30,000
- Maximum amount of EUR 500,000
What does the WB EDIF mean to our clients:
- Reduced collateral requirements
- More affordable interest rates in comparison to standard loans
For more information, please contact the competent advisor or our Info Centre.