What does it represent and what it can be used for?
Any credit facility granted to a professional or company for financing:
- Acquisition of any kind of estates with commercial destination necessary for ongoing activity (offices, administrative spaces, factories, commercial spaces, hotels, hostels etc.);
- Repair works, maintenance, rehabilitation etc. of the commercial spaces necessary for ongoing activity;
- Refinancing other real estate investment loans granted by Banca Românească or other financial institutions.
Which are the specifications for granting?
| Currency | RON |
|---|---|
| Maximum amount | RON 1,600,000 |
| Maximum granting period | 20 years (for professionals); 10 years (for companies) |
| Grace period | Maximum 3 months |