Microloan
Show us your projectand bring your business idea to life
Find the best credit solution for you
Branch only
Rates and charges
Now on to the math
This is the interest rate
Indexed to Euribor for 6 months + 6% (rounded off to the thousandth)
When the 4th decimal place is equal to or greater than five, rounding is done by excess, when the 4th decimal place is less than five, rounding is done by default.
This is the amount financed per project
Between €1,000 and €25,000
Amounts can be delivered as a whole or in tranches.
And these are the loan terms
Maximum term: 48 months
between €1,000 and €6,999
Maximum term: 60 months
over €7,000
Minimum term:
6 months
Is it possible to make early repayments?
You can make early repayments without charges. You just have to send the request at least 15 working days in advance.
Millennium does not forfeit the right to any accrued interest and charges.
The File Fee is debited from the customer's current account on the day the financing becomes available.
Want to apply for a microcredit?
Before you continue, find out if you have an entrepreneur mindset
Focus on your interests and personal experience and share your ideas with friends and family.
Set the benefits and relevance of your service and assess if the market is big enough to generate revenue.
Study the local market, benchmark, find suppliers, and set your offer and strategy.
Learn if you have an entrepreneur mindset. Are you persistent, determined, organized and creative? Can you handle hardship and risk?
1, 2, 3 and that’s it!
Applying for a loan is simple
Go to a branch
Go to a branch
and pitch us your business idea.
and pitch us your business idea.
Get the money
Get the money
after the loan is approved, read the contract. The amount will be credited to your account.
after the loan is approved, read the contract. The amount will be credited to your account.
Bring your project to life
Bring your project to life
and start planning and we will follow-up.
and start planning and we will follow-up.
What do you need?
What do you need?
To be over 18 years old
To be over 18 years old
To have a viable business idea
To have a viable business idea
To have an entrepreneur mindset
To have an entrepreneur mindset
To present a business plan
To present a business plan
1, 2, 3 and that’s it!
Applying for a loan is simple
Go to a branch
Go to a branch
and pitch us your business idea.
and pitch us your business idea.
Get the money
Get the money
after the loan is approved, read the contract. The amount will be credited to your account.
after the loan is approved, read the contract. The amount will be credited to your account.
Bring your project to life
Bring your project to life
and start planning and we will follow-up.
and start planning and we will follow-up.
What do you need?
What do you need?
To be over 18 years old
To be over 18 years old
To have a viable business idea
To have a viable business idea
To have an entrepreneur mindset
To have an entrepreneur mindset
To present a business plan
To present a business plan
Apply for your Microloan by phone or email
Apply for your Microloan by phone or email
Call 91 827 24 24, 93 522 24 24, 96 599 24 24 or 21 005 24 24 (national landline) or send an email to dbd.microcredito@millenniumbcp.pt
Need help?
Looking for a branch?
Need to call us?