It didn't work out
I completely forgot to update on it. It didn't work out. The bank refused our loan proposal. It was a tough period for us and I guess for economy in general. I think they have tightened their budget and ran on conservative policies. The broker company I was working with was surprised to see some of their customers including us rejected. According to them, many of them are from non-EU countries. After the contract got canceled, we gave it up.