First business loans
22.03.2011
We lend money to start off:
- The Malopolska Loan Fund offers:
Loans for persons starting their business activity
For whom: micro and small entrepreneurs from the whole of Malopolska.
How much: max. PLN 120,000.
Conditions: Registered business activity (before the application), 20% of own input in the realization of the undertaking and a security adequate for the amount applied for are prerequisites.
For how long: max. 5 years. Interest rates from 8.49% annually (fixed for the whole of the loan period). The granting of a loan is charged with a one-time commission fee of 1.0% (for loans to be repaid in up to 2 years) or 1.5% (for loans to be repaid in a period of over 2 years) of the amount loaned.
- Loans in the First Business programme realised in cooperation with Bank Gospodarstwa Krajowego.
For whom: Loans may be granted to unemployed persons under the age of 25 or unemployed persons under the age of 27 with a diploma from a higher education institution, a certificate or any other document confirming completion of education. Important: time elapsed from education completion – max. 1 year.
How much: Loans from PLN 5,000 to PLN 40,000,
Conditions: Max. repayment time: 36 months. Commission for the granting of a loan is 1% from the total loan amount. Variable interest rate is 0.75 of the Polish National Bank rediscount rate for bills of exchange (currently: 2.81%). Own input is not required. Persons who were involved in the Work for the Youth programme may also take part in the so-called supplementary loans scheme.
To obtain detailed information, please contact the MARR Department of Financial Instruments: contact