Business Working Capital Loan

Investment loan for an existing business with guarantee coverage under the COSME program

Final borrowers - existing micro and small enterprises, incl. and farmers incl. producers of organic products.

Purpose of the loans - acquisition of fixed assets

Loan amount - from 1,500 Euro to 100,000 Euro

Repayment period - from 12 to 120 months

Grace period - up to 12 months

Minimum own participation - 10%, but by decision of the competent authority may not be required

Collateral - special pledge of fixed assets or real estate mortgage - requirement for collateral up to 70%