Vojvodina Development Fund invites applications for loans totaling RSD 2.6 billion

Vojvodina Development Fund has invited applications for loans for the year 2015. A total of RSD 2.1 billion is set aside this year, which, combined with RSD 500 million from the previous year, gives a sum of RSD 2.6 billion that can be used for lending to juristic persons, entrepreneurs and physical persons that are registered as agricultural farms.
Applications are invited for short-term loans for pig and cattle fattening - minimum 10 pigs of 5 heads of cattle. A total of RSD 200,000,000 is earmarked for these loans, while the maximum amount of individual loans is RSD 20,000,000 with a repayment period of up to 12 months.
Vojvodina Development Fund will also approve a total of RSD 400,000,000 worth of short-term loans for the financing of working capital required to ensure the continuity of business processes of enterprises with the aim of encouraging employment. These loans will range from 300,000 to 15,000,000 dinars if the collateral is a guarantee from a business bank or a mortgage on agricultural land, that is, to RSD 10,000,000 if the collateral is a mortgage on a residential or business property. The loan repayment period is one year with a grace period of three months.
Applications are also invited for short-term loans totaling RSD 400,000,000 for the needs of production and export of goods and services, with a repayment period of up to one year. The maximum amount of these loans is EUR 250,000 in RSD if the collateral is a guarantee from a business bank or a mortgage on agricultural land, that is, EUR 100,000 in RSD if the collateral is a mortgage on a residential or business property.
Vojvodina Development Fund will also be extending long-term loans for the financing of working capital required to ensure the continuity of business processes of enterprises with the aim of encouring employment. For these loans, a total 400,000,000 should be set aside. They will range from RSD 1,000,000 to 15,000,000 if the collateral is a guarantee from a business bank or a mortgage on agricultural land, that is, to RSD 10,000,000 if the collateral is a mortgage on a residential or business property. The loan repayment period is 48 months with a grace period of six months.
The Fund has also invited applications for long-term loans for investments - for the financing of construction, adaptation and equipping of buildings for business purposes, procurement of equipment, etc. A total of RSD 400,000,000 is earmarked for this purpose. The amount of loans will range from 1,000,000 to 30,000,000 dinars if the collateral is a guarantee from a business bank or a mortgage on agricultural land, that is, to RSD 15,000,000 if the collateral is a mortgage on a residential or business property. The repayment period for most of these loans is 84 months, including a 24-month grace period.
For more information, please visit the website of Vojvodina Development Fund.

Razvojni fond Vojvodine d.o.o. Novi Sad

Vojvodina Development Fund

short term loans

long term loans

loan

loans

pigs

loans for export

long term loans for investment

loans for procurements