ICF refunding

Maximum amount

USD 2,000,000

Term

3-10 years

Grace period

1-5 years

Applicants with private capital in total equity shall hold:

At least 75% of the total equity held.

For investments in equipment for production and service provision.

For independent working capital, of at least 75% of the total equity held – individuals, family businesses, cooperatives, farmers’ associations.

In agriculture, for agricultural works.

For perennial plantations – 100% of the total equity held.

In trade and tourism.

For investments in equipment for production and service provision:

For investments – up to the equivalent of USD 2,000,000.

For financing of the working capital required in production – up to the equivalent of USD 600,000.

For the working capital – at most 30% of the sub-loan amount for investments and at most 60% of the working capital purchased with credit funds shall be of local origin and of local production.

Working capital independent of investment required in the production process:

Up to the equivalent of USD 250,000.

For exporters – up to the equivalent of USD 500,000.

Investments in agriculture, agricultural works:

Up to the equivalent of $2,000,000.

Investments related to perennial plantations:

Up to the equivalent of USD 2,000,000.

Investments in trade and tourism:

Up to the equivalent of USD 2,000,000.

Oriented towards new investments in the real sector, in production, services, agriculture or/and the entire value chain relevant to agriculture, animal husbandry, tourism, as well as in other fields of activity of the national economy.

It contributes to the creation of new jobs.

Procurement of machinery, goods, equipment for production and service provision, for repair works, expansion or construction of workspaces.

Construction/improvement of administrative premises, improvement of production premises, including for the provision of services necessary in the production in areas considered by the state priority for development.

Planting of agricultural crops, including perennials, vegetables, and flowers.

The working capital related to the investment necessary for the implementation of the sub-project.

Building distribution networks in domestic and other markets.

Agricultural works.

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