Repayment of working capital loan Tozo
Have you received a Tozo loan? Then you must start repaying from 1 July 2022. Read on this page what you need to know about repaying.
Repayment obligation loan working capital Tozo
The term of your working capital loan is 72 months (6 years). The term of 72 months/6 years starts from the disbursement of the loan.
If you have had multiple loans, this term will start from the payment of the first loan.
You have had a deferment of payment until July 1, 2022. You will repay your working capital loan in the remaining months starting July 1, 2022.
How does the refund work in practice?
From 1 July 2022, you will receive a monthly invoice from the municipality. The amount on this invoice is a fixed amount per month that you will pay from 1 July 2022. This amount consists of a part repayment and a part interest.
When calculating the partial repayment, we assumed that you wish to use the maximum repayment term (72 months/6 years from the moment of payment).
If you want to repay the loan faster, please contact the municipality.
Interest on the working capital loan
You pay 2% interest on the balance of the loan, calculated from the 1st month following the date the loan was granted.
You do not have to pay interest over the period from January 1, 2021 to June 30, 2022.
Because you pay off a fixed amount every month, the interest amount decreases each month and the repayment amount on the loan increases (annuity).
To ask
If you have any questions, please contact our Recovery and Reclaim department on 14 079 or by sending an email to verhaalenterugvordering@zoetermeer.nl .
Please state your name and (client) number in your email. You will find the client number in the decision.
Problems with repayment or changes in your situation?
Are you unable to repay the Tozo loan? Contact the Recovery and Reclaim department to discuss what is possible.
If something changes in your situation, this may have consequences for your repayment. You are obliged to report changes to the municipality. For example, you are going to close down the company. Or you are going to live together.
Financial worries or problematic debts
If you have incurred payment arrears or debts in your private and/or business finances during the corona crisis, you can get help with financial matters .
Talk about your debts and take action as soon as possible. You are not alone.