COVID 19

Maximum amount

EUR 2,000,000

Term

4 - 6 years

Grace period

Up to 12 months

Micro-, Small and Medium-sized Enterprises (SMEs) that shall have:

100% of private capital of the total capital held.

Share of a non-SME co-owner (customers not included in the respective customer category) that does not exceed 25% of the company’s capital.

Total financed amount ā€“ maximum equivalent to EUR 2,000,000.

For an investment project ā€“ equivalent of EUR 600,000.

For the project of working capital financing ā€“ equivalent of EUR 300,000.

Creating and retaining viable permanent and/or seasonal jobs.

Investments in productive fixed assets, including leasing or needs for working capital.

Handicraft activities or small family businesses, included in economic activity.

Small private sub-projects related to health and education (dental/medical clinics, kindergartens, elderly care facilities/services) can only be financed under the SME component if they meet the definitions above.

The interest rate and related charges are set according to the lending rates in force.