Purpose
- Funding for Very Small, Small or Medium-Sized Enterprises, Professionals and small Mid-Caps, to cover their investment plans
- Investment loan expenditures relate to costs of tangible and intangible assets (e.g. purchase of equipment, modernization of facilities, acquisition of software, etc.)
- The Loans should be new business financings, to be granted within the availability period.
Loan Amount
Loan amount from €10.000 to €7.500.000
The total loan amount under this Programme cannot exceed €7.5 million per company.
Loan Duration
From 1 to 10 years
Grace Period
Up to 2 years
Currency
Euro (€)
Interest Rate
Variable based on BMLR or Euribor + spread
The interest rates are charged with the interest margin and the contribution of L.128 / 75, which currently amounts to 0.60%. The customer's final interest rate is determined on the basis of an assessment of its Creditworthiness.
Repayment
Medium Sized companies (with turnover over €2.5 million):
- Term Loans: Monthly, quarterly, semi-annual or annual installments (capital and interest)
Small Businesses (with turnover up to €2.5 million):
- Term Loans: Monthly installments (capital and interest)
Disbursements
One-off or Partial instalments.
Early repayment
Early partial or full repayment is possible without any charge.
The capital repaid cannot be refinanced
Collateral
Reduced collaterals due to the guarantee of the Fund.
Availability Period
The availability period is until 09.01.2027, or earlier if the budget is being absorbed.