Microlux lowered interest rates and fees
In order to help micro-entrepreneurs face the economic impacts of the Covid-19 pandemic, from 15 June 2020 and for a period of one year, microlux provides loans of maximum amount of EUR 25 000 with exceptional conditions:
- The annuel interest rate
7%-9%is lowered to 4%.
- The solidarity fees are set
5%at 3% (with a minumum of 150€ and a maximum of 500€).
- A deferred payment of up to
3 mois6 mois.
- The repayment period for a loan varies between 12 and 48 months.
- We ask for a third person to be guarantor for 1/3 of the loan amount.
- Loans can be paid back early without any fees or penalties.