• Conditional loans
• Loan terms
• Loan payment
• Remission

Loan payments and cost accounting

Loan payments

The loan is disbursed against realised feasibility study costs incurred by the recipient company. All costs must refer to the project specified in the loan agreement. Nopef may disburse up to 40% of the approved and audited feasibility study costs.

Note! The loan can be disbursed in parts.

Only 50 % of the conditional loan can be disbursed during the feasibility study for loans that have been granted after 1th of January 2011.

Disbursement

1. Please summarize the costs on Nopef's cost accounting form.

2. Cost accounts shall be certified by the company's regular auditor.
Please see instructions for cost accounting and auditing under applicants and forms.

3. A disbursement can only be made once Nopef has recieved a status report that covers the time period when the summarized costs on the cost accounting form incurred.

Please note that we kindly ask you to always retrieve the forms from our homepage, do not use old copies, as we updates the forms regularly. Our forms can be found here.