PAC refunding

Maximum amount

EUR 800,000

Term

4-8 years

Grace period

6-12 months

Local enterprises.

Young entrepreneurs.

Financing of eligible expenses in all fields of activity for both investment projects and projects intended to finance working capital, purchase of second-hand goods and purchase or renting of real estate.

Eligible PAC I projects:

To be oriented towards the financing of eligible expenses in all fields of activity for both investment projects and projects intended to finance the working capital.

Eligible PAC II projects:

To be engaged in activities related to agriculture, processing of agricultural products  and manufacturing or in any other activities of economy.

Financing of investments and working capital is accepted for all sectors of the national economy: for the purchase of machinery, spare parts, raw materials, constructions, and works and for other purposes.

Purchase of second-hand goods, purchase or renting of real estate is allowed.

Financing of the expenses on oil, electricity and other utilities as well as salaries included in the construction works is accepted.

The interest rate and related charges are set according to the lending rates in force.