Tourism is one of the key economic sectors in Vojvodina, and investments in this sector bring numerous economic benefits. The Development Fund of AP Vojvodina offers long-term loans aimed at improving the tourism offer, providing an excellent opportunity for entrepreneurs and companies looking to expand or modernize their capacities.
Who can apply for the loan?
Loans are intended for legal entities and entrepreneurs operating in the tourism and hospitality sector. This includes hotels, restaurants, rural households, travel agencies, and other entities that contribute to the development of tourism in Vojvodina.
Loan conditions
- Loan amount: In accordance with the applicant’s creditworthiness.
- Repayment period: Up to 7 years, including a grace period.
- Grace period: Up to 12 months, and up to 24 months for construction projects.
- Interest rate: Very favorable, making project financing easier.
These conditions make tourism investments more accessible and enable the development of a high-quality offer.
How to use the loan?
Loan funds can be used for:
- Construction and adaptation of accommodation facilities
- Purchasing hospitality equipment
- Developing new tourist attractions
- Improving ecological and energy efficiency of facilities
Application process and required documentation
Applying for a loan requires submitting a business plan, financial reports, and proof of fund usage. All details about the application procedure are available on the website of the Development Fund of Vojvodina.
Simplify the application process with expert assistance
To increase your chances of loan approval and ensure your documentation is complete, consult with experts. Tax International from Novi Sad offers professional accounting and financial services, including assistance in drafting business plans and loan applications.
Don’t miss the opportunity to enhance your tourism business! Contact us and secure support on your path to success.
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