[CB BusinessUp] Success story Feroterm скачать в хорошем качестве

[CB BusinessUp] Success story Feroterm

Čačanska banka since 2012 has been implementing the BusinessUp program supporting entrepreneurs and SMEs. The program is realised through a credit line that offers a facilitated approach to funds with less strict collateral requirements, longer maturities, lower interest rates and larger financing volume. The Bank has implemented this program in cooperation with the European Investment Fund whilst this financing gains benefit from guarantees issued by the European Union Competitiveness and Innovation Program. One of the first companies that benefited from the advantages of the BusinessUp program is Feroterm from Čačak, whose owner and director is Mr. Dragutin Mojićević. He found out about the BusinessUp credit line and decided to use this bank product to obtain funds for financing purchase of raw materials and components from abroad. Mr. Mojićević estimates that using these materials Feroterm will complete its offer for equipping farms and strengthen the position of a leader among domestic companies. During the previous period Čačanska banka financed over 800 projects in total value of nearly 9 million euros, intending to continue the program during 2014. For more information in Serbian, please visit: http://www.businessup.rs