Source: Promo | Friday, 15.03.2019.| 15:35
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Halkbank supports economy - Credits for procurement of new production equipment and machines

(Photo: IgorGolovniov/shutterstock)
As well as previous years, during this year Halkbank issupporting your ideas through the Program for Supporting Equipment Purchasement in cooperation with the Ministry of Economy and the Development Agency of Serbia.
- With this Program, we support the development of the domestic economy, crediting micro and small legal entities, entrepreneurs and cooperatives. As a recognized partner in supporting entrepreneurship, we are pleased that we will again stand by our existing and new clients and enable realization of planned investments. We also want to strengthen the cooperation between the state and the economy in the becoming years and in the next years we will be a bridge that connects all participants and in which all parties are trustworth - Halkbank says.
This year the Ministry of Economy allocated a billion dinars from the budget for non-refundable loans to entrepreneurs which is doubled, compared to last year.
The purpose of the funds from the Program is to co-finance the purchaseof new production equipment and machines, transport and manipulative assets involved in the process of production and transport within factory, parts and specialized tools for machines or other capital goods. Novelty in this year is the possibility of purchasing new construction equipment and machinery for execution of construction works.
The financial framework of the implementation of the Program has not changed and it implies a structure in which the grant funds amount to 25% of the net worth of the equipment - grant (from 500,000 to 5,000,000 RSD), client’s participation is 5%, while the loan of Halkbank is 70%.
Halkbank loans are approved with maturities of 18 to 60 months, with a mandatory grace period of 6 months. Collarterals are lessend, which is another advantage, so the primary provision of supplies on the purchased equipment.
Registration and collection of necessary documentation is in progress and Halkbank invites all interested clients to visit one of the branches and get answers to questions about how to use the benefits of the subsidised loans, and together with Halkbank, realize the planned investments in the easiest and fastest way possible.
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