Frequently Asked Questions

Frequently Asked Questions about loans

► What kinds of loans do you offer?

► What types of businesses are considered start-ups at Invest-Credit?

► What is the first step to acquiring a loan?

► Will I need a cosigner?

► What are the required documents?

► For how long is the loan term?

► How much can I borrow?

► Do you offer any benefits?

► When will I receive my loan?

► How do I make payments?

► What makes Invest-Credit different from its competitors?

► What if I have additional questions?

What kinds of loans do you offer?

Invest-Credit provides loans to entrepreneurs wishing to start new businesses or to small-business owners wishing to expand their business. Invest-Credit accepts entrepreneurs from a variety of vocations and industries. We have four different loan products for businesses, ranging in size from $1,000-$20,000, that were each strategically designed to meet the varying needs of small-business owners. We also offer a loan for home improvement and a loan for education. To learn more, please see our Loan Products page.

What types of businesses are considered start-ups at Invest-Credit?

  • A trade or service business that has been in operation for less than 3 months
  • A production business that has been in operation for less than 6 months
  • An agriculture business that has been in operation for less than 12 months
  • A business that is not yet profitable

What is the first step to acquiring a loan?

The first step is to contact us. Upon contacting us, we will set up with a meeting between you and one of our loan officers.

  • Email: investcredit@gmail.com or info@invest-credit.md
  • Call: (022) 92 77 72, 92 90 33
  • Visit our office (M-F, 9am-6pm): Str. Independentei 30/5, Chisinau, MD 2072

Will I need a cosigner?

Two co-signers are required for all of our loan products. For more information, visit our Loan Products page.

What are the required documents?

Requirements vary depending on the specific loan product. General requirements for application include:

  • 2 co-signers
  • Submission of the following documents:
    • ID card of the applicant, ID card of the husband/wife, and ID card of the co-signers
    • Rent contract (if applicable)
    • Work license (if applicable)
    • Company registration Certificate (copy)
    • Extract from the Register of the State (copy)
    • Status (we will ensure that under provisions the applicant is entitled to sign for the business)
    • Approval from shareholders for the applicant to apply for credit

In addition, the loan officer may request additional documents, depending on the type of business or loan product.

For how long is the loan term?

Loan terms vary depending on the loan product:

  • Start Credit: 12-24 months
  • Standard Credit: 24- 36 months
  • Invest Credit: 3-5 years

How much can I borrow?

Invest-Credit provides loans ranging from $1,000 to $20,000. For specific requirements for each loan amount, please see our Loan Products page.

Do you offer any benefits?

For our long-term clients who are eligible for gaining access to larger amounts of funding, we provide benefits. Clients in this situation may apply for a reduction in interest rates, as well as a quicker approval process. For current specials, see our Loan Specials and Promotions page.

When will I receive my loan?

The application process only takes a few days. If there is no collateral, you will receive your loan immediately upon being approved for the loan; if there is a need to register the collateral, you will receive your loan in up to two weeks after loan approval.

How do I make payments?

You may make payments at the Invest-Credit office, or through accounts at Banca de Economii or Victoria Bank. For more information, visit our Repayment Information page.

What makes Invest-Credit different from its competitors?

Invest-Credit offers loan products that are different from other microfinance organizations in Moldova. The Start Credit Loan is the only one of its kind in the microfinance community, designed specifically for the success of entrepreneurial start-ups. Our loan products are also structured for clients who do not possess traditional forms of collateral normally required by commercial banks. Invest-Credit is client-focused and seeks to meet the specific needs of its individual clients in order to help his or her business grow and yield enough profit to repay the loan.

What if I have additional questions?

Please contact us with any further questions by emailing investcredit@gmail.com, or by contacting us in person or by phone.

OMF INVEST-CREDIT SRL © 2009 Chisinau, Moldova
tel. +373 22 92-77-72, 92-90-33; fax 57-34-67; e-mail office@investcredit.md