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LEASING FOR SME's
| Product for |
Small and medium company ( SME ) based on the loan granted by European Investment Bank for BRD Sogelease |
| Campaign period |
30.11.2009 - 30.11.2010 |
| SPECIAL STRUCTURE |
| Assets to be financed: |
passenger cars, light, heavy and commercial vehicles, equipments |
| Period : |
2 - 4 years |
| Down payment : |
15 - 50 % |
| Residual value : |
1 - 20 % |
| Interest : |
First year : fixed 4,9 % p.a
For the rest of period: fixed 8 % p.a |
| Management fee : |
1.5% from the acquisition value:
- 1% payable at the beginning of the contract
- 0,5% from the value (together with the 13th installment)
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| Exchange rate : |
NBR + 1,5 % |
| Qualifications criteria in order to obtain the financing |
The conditions that must be cumulative accomplished by the companies to be considered SME according 346/2004 law (that encourage SME to be established and to evolve, chapter .l, art 3) are the following :
- Medium number of employees less then 250 per year
- Annual budget achievement up to 50 million EURO, equivalent in Lei or holding total assets* that don't exceed the equivalent in lei of 43 million EURO, according to the last financial situation.
- Respects the autonomy criteria
ARE CONSIDERED AUTONOMOUS THE SME'S THAT FULFILL THE FOLLOWING CONDITIONS:
- the companies with 25% of their equity are not owned by an other company or from vote wrights by an other company or others companies together, with the condition to can't be classified as SME's;
As exception from the foresights above, is considered autonomous a company that can be in one of the following situations:
- is owned by a public body, by companies that have risk capital, institutional investors , universities or non profit research centers, existing the condition that these can not operate individual or together the control over the company
- The capital is divided in a way that the owners can not be identifies, the company declares with truthfulness, on his own account, that is in condition to suppose that it is not kept in 25% or more by another or by other companies together, which are not included in SME's section.
- 25% or more of the equity is owned by a public body, and the public body is a local authority with an annual budget of less than EUR 10 M and less than 5000 inhabitants.
- 25% or more of the equity is owned by companies or institutions in line with the exceptions detailed in the Commission recommendation 2003/361/EC of 6 May 2003, article 3, paragraph 2 (i.e. venture capital funds or "business angels", provided that they invest less than EUR 1.25M EUR in the same company, universities or non-profit research centers, institutional investors including regional development funds).
* By total assets is understood the amount of the fixed assets plus current assets plus advance expenses. |
Documents support
 Leasing request including necessary documentation for leasing file
Real beneficiary declaration
MARK:
The accomplishing of the autonomy criteria is established based on the affidavit of the company that is interested the attestation of the SME's classification. The information based on which is calculated the framing in ceiling that refers to the medium number of employees and to the turnover are the one accomplished in the last accounting period reported in the annual financial situation. The ceilings of the turnover used to definite the SME's is reported to the turnover reflected by the annual financial situations. . |
Under EIB Loans for SMEs, any sectors except the following are eligible for EIB funds:
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- Production of weapons and ammunition, arms, military or police equipment or infrastructures, and equipment or infrastructure limiting people's individual rights and freedom (i.e. prisons, detention centers of any form);
- Gambling and related equipment
- Tobacco manufacturing, processing, or distribution
- Activities involving live animals for experimental and scientific purposes
- Activities which give rise to environmental impacts that are not largely mitigated and/or compensated (in conformity with EU directives and national laws on environment);
- Sectors considered ethically or morally controversial, e.g. research on human cloning
- Pure real estate development activity
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