Tourism and hospitality development loans
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About the loan
The loan for tourism and catering development have a maturity of up to 84 months, with a grace period of up to 12 months. It is used for various types of investments in tourism and catering facilities (construction of new ones, extensions, reconstruction, restructuring, equipping, conversion from residential to tourist facilities, as well as the purchase of existing hotels, restaurants, cafes, etc.).
Approval Conditions | |
|---|---|
Maturity | Up to 84 (in words: eighty-four) months |
Grace Period | Up to 12 (in words: twelve) months |
Repayment Method | In accordance with the contract, annuity, seasonal |
Purpose | For expanding capacities in tourism and hospitality |
Collateral | promissory notes/mortgage/guarantee/pledge/deposit/other |