• Loan purpose: to enable the clients of the Bank to overcome imbalances between inflow and outflow of funds from the current business operations (by solving liquidity needs).

• Maturity: up to 12 months with possibility of reapproval after every year

Loan user:

• All legal entities and entrepreneurs registered in Montenegro  

Product price:

The interest rate and approval fee are determined on the basis of financial indicators, credit history, turnover on the account with Adriatic Bank, collateral quality and value. 

Security:

• Bills of exchange and authorization

• Authorization of collection right

• Pledge on movables

• Mortgage

• Assignment of receivables

• Deposit (Cash collateral) 

Required documentation:

• The request specified documentation should be submitted when applying.

• The Bank reserves the right to request additional security in accordance with its credit policies. 

How to apply for a loan?

The SME loan application, along with the necessary documentation, should be submitted to a SME Relationship Manager. Upon the completion of the decision-making process, the SME Relationship Manager will inform the client whether the application has been approved and upon which terms and conditions.