• Loan purpose: to enable the clients of the Bank to overcome imbalances between inflow and outflow of funds from the current business operations (by solving liquidity needs).

  • Maturity: up to 12 months with possibility of reapproval after every year

Loan user:

  • All legal entities and entrepreneurs registered in Montenegro  

Product price:

The interest rate and approval fee are determined on the basis of financial indicators, credit history, turnover on the account with Nova Banka, collateral quality and value. 


  • Bills of exchange and authorization

  • Authorization of collection right

  • Pledge on movables

  • Mortgage

  • Assignment of receivables

  • Deposit (Cash collateral) 

Required documentation:

  • The request specified documentation should be submitted when applying.

  • The Bank reserves the right to request additional security in accordance with its credit policies. 

How to apply for a loan?

The SME loan application, along with the necessary documentation, should be submitted to a SME Relationship Manager. Upon the completion of the decision-making process, the SME Relationship Manager will inform the client whether the application has been approved and upon which terms and conditions.