FINANCING THE “IULITA’S ROSES GARDEN” INVESTMENT PROJECT THROUGH BANK CREDIT*

Abstract

Financing represents one of the major problems for the implementation of the “Iulita’s roses garden”, as financing involves, in addition to the funds obtained from the European financing, also a contribution of the beneficiary. Obtaining sources for co-financing is difficult, sometimes even impossible, given that financial resources are limited and access to bank credits implies the fulfilment of requirements and conditions imposed by the bank. Co-financing may be provided either from own sources or from attracted sources that are reimbursable. Under this project, bank credit represents the solution for co-financing the project. The purpose of the research, carried out in this paper, is to identify the sources attracted by the financing of the nature of the bank credits for the beneficiary of the project entitled “Iulita’s roses garden” for the co-financing part of the project. Undoubtedly, the realization of this project will contribute to the development of the rural environment

Keywords

• total expenditure
• co-financing
• bank credit
• development
• financing
• european financing
• income tax
• project
• total income