Repayment of working capital loan Tozo

Did you receive a Tozo loan? If so, you must start repaying from July 1, 2022. Read what you need to know about repayment on this page.

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 starts from the disbursement of the first loan.

You have had a grace period until July 1, 2022. You will repay your working capital loan in the remaining months starting July 1, 2022.

How does reimbursement work in practice

Starting July 1, 2022, you will receive a monthly bill from the municipality. The amount on this bill is a fixed amount per month that you will pay starting July 1, 2022. This amount consists of part repayment and part interest.

In calculating the repayment portion, we have assumed that you want to use the maximum repayment period (72 months/6 years from the time of disbursement).

If you want to repay the loan faster, contact the municipality.

Interest on working capital loan

You pay 2% interest on the balance of the loan, calculated from the^1st month following the date the loan is granted.

You do not have to pay interest for the period January 1, 2021 to June 30, 2022.

Because you repay a fixed amount each month, the interest amount gets lower each month and the repayment amount on the loan gets higher (annuity).

Questions

If you have any questions, please contact our Recovery Department at 14 079 or by emailing verhaalenterugvordering@zoetermeer.nl.
Please mention your name and client number in your mail. The client number can be found in the decision.

Problems with repayment or changes in your situation?

Are you unable to repay the Tozo loan? Contact the Recovery and Recovery Department to discuss what is possible.

If something changes in your situation, it may affect your reimbursement. You are required to report changes to the municipality. For example, you are going to terminate the business. Or you are going to live together.

Money worries or problematic debts

If you have accumulated arrears or debt in your personal and/or business finances during corona, you can get help with money matters.

Talk about your debts and take action as soon as possible. You are not alone.