EXTENDED INVESTMENT LOAN (RON)

ROMCOM Credit Application Form 2025

Lender

The extended investment loan granted in RON is provided through the Microfinance Company IFN ROMCOM SA (hereinafter referred to as “ROMCOM”).

Purpose of the Credit Product

• Supporting investments made by newly established and micro-enterprises, as well as modernization and re-technologization investments in small and medium-sized enterprises in the production and services sectors, increasing business activity, and enhancing the competitiveness and sustainability of enterprises in these sectors.
• Supporting investments made by agricultural entrepreneurs in Romanian agriculture, increasing the competitiveness of Romanian agricultural products, and creating new jobs.

Eligibility Criteria

The extended investment loan in RON primarily targets entrepreneurs in the following counties: Bihor, Timiș, Arad, Sălaj, Satu Mare, Cluj, Maramureș, Suceava, and Caraș Severin (ROMCOM may also grant financing to entrepreneurs from other counties, depending on available funds).

Entrepreneurs who meet the following eligibility criteria can benefit from financing through the ROMCOM program:
General Criteria:

• Private commercial company, registered and authorized (PFA, II, AF, IF, SRL, SCS, SA), including newly established enterprises (start-ups), liberal professions, and NGOs with profit-making activities;
• Development of a clear business concept, which will be outlined in the financing application;
• Qualification or professional experience of the administrators/employees of the applicant in the activity sector for which financing is requested.

Specific Criteria:

• Existence of the necessary infrastructure for the project (land, building, utilities, etc.);
• Maintenance/creation of jobs as a result of project implementation;
• Economic feasibility of the project;
• Existence of a guarantee that covers at least 150% of the loan value.

Eligible Activities

The funds obtained can be used for the following purposes:

• Purchase of licenses, software, machines, equipment, both new and second-hand;
• Modernization and expansion of production capacities;
• Investments in the acquisition, construction, modernization, and/or expansion of business infrastructure (buildings, production halls, barns, warehouses, greenhouses, etc.);
• Investments related to increasing energy efficiency, transitioning to carbon-neutral activities, and/or green infrastructure;
• Purchase of pedigree animals (milk, meat production, etc.).

Financing Conditions

• The amount that can be granted to an eligible entrepreneur through the extended investment loan in RON is between 10,000 and 300,000 Lei. Repayment is made in monthly installments.
• For the extended investment loan granted in RON, ROMCOM charges an annual interest rate of 21%, applied to the loan balance. The interest rate remains unchanged throughout the loan period. Clients who have or have had loans with ROMCOM and have a good payment history may receive a 1% interest reduction.
• The repayment period for the extended investment loan in RON is between 3 and 96 months.
• A grace period of up to 6 months may be granted, included in the repayment period, during which only monthly interest payments will be made.
• Depending on the nature of the funded activity, the loan may have an atypical repayment schedule, where the total principal repayments in a year are distributed into higher installments during the season and lower installments in the off-season. In the case of atypical schedules, interest is paid monthly.
• The Effective Annual Rate (EAR) is 24.42%, calculated for a 300,000 Lei extended investment loan granted in RON, with an annual interest rate of 21%, over a period of 96 months, with equal monthly installments, no grace period.

Fees and Guarantees

• After financing approval, the beneficiary will pay an origination fee of 3% of the loan amount, which will be deducted from the disbursed loan sum.
• The loan will be secured with real estate or movable property that covers at least 150% of the loan value.
• Depending on the credit score of the financing application, real guarantees can be supplemented with personal guarantees, such as avalization of promissory notes and/or contracts of guarantee.
• Notary fees, pledge or mortgage costs, and the cost of insuring the pledged assets (if applicable) will be borne by the beneficiary.
• No fee is charged for partial or full early repayment of the loan.
• Early repayment of the loan will incur an early repayment fee, calculated based on the amount of the advance payment. The early repayment fee is calculated as follows:
  • 5% if early repayment occurs within the first 12 months from the contract signing date;
  • 4% if early repayment occurs between 12 and 25 months from the contract signing date;
  • 3% if early repayment occurs between 24 and 37 months from the contract signing date;
  • 2% if early repayment occurs between 36 and 49 months from the contract signing date;
  • 1% if early repayment occurs after 48 months from the contract signing date.
• For partial early repayment of at least 10% of the loan amount, an early repayment fee will be charged based on the amount of the advance payment. The early repayment fee is calculated as follows:
  • 5% if early repayment occurs within the first 12 months from the contract signing date;
  • 4% if early repayment occurs between 12 and 25 months from the contract signing date;
  • 3% if early repayment occurs between 24 and 37 months from the contract signing date;
  • 2% if early repayment occurs between 36 and 49 months from the contract signing date;
  • 1% if early repayment occurs after 48 months from the contract signing date.
• The early repayment fee may be reduced by 50% if the loan has not accumulated late payment penalties and repayment is made from own sources (excluding refinancing).
• The assets with which the loan is secured will be insured upon signing the loan contract for the entire duration of the loan. The insurance cost will be borne by the borrower, and the insurance will be assigned in favor of IFN ROMCOM SA.

Deadlines and Submission Conditions

To obtain the extended investment loan in RON, applicants must contact the Microfinance Company IFN ROMCOM SA. Credit applications can be sent by mail/courier to the ROMCOM headquarters, submitted directly to ROMCOM, collected directly by ROMCOM credit consultants, or emailed to office@romcom.ro.

The credit application will be analyzed, and the selected projects for financing will be decided within 7 days from receiving a complete application.

Contact Details

For submitting the credit application file, please use the following contact information:

Microfinance Company IFN ROMCOM SA

Gh. Doja Nr. 49A, Oradea, 410169
Phone: 0259 479 793, 0359 173 300
Email: office@romcom.ro
www.romcom.ro