Komerční Banka (KB), in cooperation with the European Investment Fund (EIF), is newly offering the financing of projects by start-up entrepreneurs. The Profi Úvěr Start product is designed for natural persons, as well as small and medium enterprises. The loan’s interest rate totals no more than 9.9% p.a. and clients may get up to CZK 1m with five-year maturity period. The loans are secured by EIF up to the amount of 80%.
Source: www.cianews.cz
