Freelancer Loan

1.Real Estate Purchase / Construction Loan

Tirana Bank offers financial support for all individual professionals that for their Professional Activity, want to be financed for: Reconstruct office / store / business unit

Lending Terms and Conditions:

Currency: EUR/ALL

 Amount:

  • Min: 5,000 EUR / 625,000 ALL
  • Max: 500,000 EUR / 62,500,000 ALL
  • Duration: up to 20 years

Financed limit: 60% of the project cost, up to 80% of security market value

Payment method: Principal and interest are paid in equal monthly instalments

Collateral: First-rank mortgage on the funded property or other property that meets the Bank's requirements

2. Real Estate Improvement Loan

Lending Terms and Conditions:

Currency: EUR/ALL

Amount:

  •  Min:  8,000 EUR / 1,000, 000 LEK;
  • Max: 20,000 EUR / 2,500,000 LEK without Work Certification;
  •  Max: 150,000 EUR / 18,750,000 LEK with Work Certification;

Duration:

  • Up to 10 without work certification;
  • Up to 15 with work certification;

Financed limit: up to 100 % of the reconstruction cost

Payment method: Principal and interest are paid in equal monthly instalments

Collateral: First-rank mortgage on the funded property or other property that meets the Bank's requirements

Interest rates:   

Currency Interest rates
LEK T Bills12M + 3.2%, Min 4.2%
EUR Euribor 12M + 5%, Min 5%

For more information, contact our branches or call for free at Info Bank 0800 68 68.

Click to see Pre-contract Information for Freelancer Loan