Loan for self-employed persons
Financing for self-employed persons who run or are about to start a business activity — to develop it, launch it and reach their goals.
- Loan interest rate
- from 9% Annual percentage rate (APR) from 9.9%
- Loan amount
- Assessed individually Up to 75% of the property's market value
- Repayment term
- up to 20 years
- Payment holiday
- up to 6 mo.
- Collateral
- Real estate — up to 75% of the market value
The programme is designed for self-employed persons and sole traders: craftsmen, independent professionals, farmers and others who work in their own name rather than through a company. The loan can be used to start or grow the activity: equipment, premises, working capital, refinancing of existing obligations. Collateral is real estate; the amount is up to 75% of its market value. Terms are set individually: we fit the repayment schedule to how your income changes across seasons and, if needed, grant a payment holiday of up to six months.
Options
To grow the activity
Equipment, premises, working capital — term up to 20 years.
To start the activity
Financing for a new business activity secured by real estate.
Refinancing
Existing obligations in one loan with a single monthly payment.
What this programme offers
- Amount up to 75% of the property's market value
- Interest rate from 9% per year
- Term up to 20 years
- Individually tailored terms and schedule
- Payment holiday of up to 6 months
Required documents
- Application
- Copy of passport or ID card
- State Revenue Service registration as a self-employed person and income declaration
- Bank statement for the last 6 months
- Documents of the pledged property
Representative example: loan of €10,000 for 120 months, fixed interest rate of 9% per year, arrangement fee €215, monthly payment €126.68, annual percentage rate (APR) 9.94%, total amount repayable €15,416.60. Important information