Any economic entity, which operates for at least 1 year and registers an income that would allow it reimburse the contracted loans and the requested loan.

Criteria for selecting potential debtors

1. Availability of production premises, either in private ownership or taken on lease (term of lease – five years since the analysis).
2. Financial statements which are officially registered.
3. Current account opened at the Bank.
4. Other eligibility criteria established by IGC (Interbank Guarantee Company) „Garantinvest” LLC.

General requirements for the financial situation of potential debtors:

1. Lack of outstanding commitments.
2. Average monthly net sales, according to the loss and profit statement for the last reporting period, which represents minimum 40% of the requested loan.
3. Existence of a positive financial result for the last year of activity and for the last reporting period analysed for the purpose of servicing and reimbursing the requested loan.
4. Existence of a positive private capital not less than 30% of the total balance sheet currency.

• 70% of the cost of equipment;
• 250% of the average monthly net sales, according to the loss and profit statement for the last reporting period;
• Maximum amount of the guarantee from IGC „Garantinvest” LLC multiplied by 2.

To finance projects aimed at purchasing production equipment from suppliers who offer servicing guarantees for a period of at least one year, except for projects that do not meet the requirements of IGC “Garantinvest” LLC, provided that these projects contribute to the increase of the sales volume and decrease of the debtors’ costs and provided that payments are made via bank transfer based on the contract and other confirmative documents.

Moldovan Lei.

Amount of one-off administrative commission charge:

a.      For a loan up to 1 year  - 4% of the loan amount, including 3% - commission charge for the guarantee from  IGC „Garantinvest” LLC;

b.      For a loan over 1 year  - 3% of the loan amount, including 2% - commission charge for the guarantee from IGC „Garantinvest” LLC.

Not applicable

Vacation for reimbursing the main amount:

Reimbursement of the main amount -

Penalties for failure to make payments:

1. The following should be provided: pledge for equipment purchased from the loan and pledge for the disposal right on funds from debtor’s accounts and, ion some cases, an additional pledge.
2. Pledge shall not be insured if equipment is purchased from non-residents through a letter of credit.
3. Pledge shall be insured if equipment is purchased from residents and it is immediately delivered, and if equipment is purchased from non-residents without a letter of credit (in this case equipment should be also insured for the period of transportation).
4. Pledge should be insured by LLC „Victoria Asigurari” from debtor’s own funds only after the approval of the loan by the competent crediting body/bodies of the Bank.
5. The loan shall be insured by the guarantee from IGC „Garantinvest” LLC.