Log-Dragomer Municipality may be young and small but is nonetheless one of the fastest developing municipalities in economic and demographic sense.
An important landmark of the municipality is also heritage protected former school “Stara šola Log” build in 1929. In 2018 municipality Log-Dragomer invested in energy-related renovation of the building that is now used as town hall of Log-Dragomer.
Complete energy-related renovation is a large and costly project, therefore the municipality decided to find additional sources of financing which were granted by SID bank in the scope of Fund of funds loan program for energy-efficient renovation of public buildings.
“Our municipality sent an enquiry about loan financing possibilities to commercial banks. Among received offers SID bank’s one was by far most favorable. Financing procedure and loan drawdown were fast and efficient with friendly and highly professional help from the experts at SID bank.”
The building is now completely renovated and has better energy efficiency, its maintenance and management is less costly. Main benefits of the renovation project are also decreased emissions and increased wellbeing for the users of the building.
“Due to SID bank’s loan we managed to finish a very important project for our municipality on time. We would definitely recommend this source of financing to other municipalities as it provides great opportunity to realize strategically important municipality projects.”
"We would definitely recommend this source of financing to other municipalities as it provides great opportunity to realize strategically important municipality projects.”
Within the Fund of Funds, SID Bank is expanding access to financing for developmentally important projects for small and medium-sized enterprises with a new financial instrument, portfolio guarantees...