1. Credit line/Non-revolving loan for:
- Financing current activity (purchasing raw materials and other inputs for the manufacturing process, covering the stocks, indirect business expenses, financing receivables, wage payment, as long as they are involved by opening of a new business line, consolidating the market position, implementing new projects, penetrating new markets or developing existing activities)
2. Investment credit aimed at financing the business for the following purposes:
- Purchasing new production capacities and pursuing new production objectives;
- Developing/maintaining the existent production capacities at optimal parameters;
- Retooling the production capacities, the equipment, machines, installations and the existing buildings etc.
Single disbursement/in installments after meeting the conditions, not later than 31.12.2020.
✔ Beneficiaries: the SMEs defined as per the Commission Recommendation 2003/361/EC and Law 346/2004, as subsequently amended and completed
✔ Loan currency: RON, EUR
✔ Maximum loan amount: 5 million EUR (or RON equivalent)
✔ Interest: variable, negotiable
✔ Extended for: minimum 2 years, maximum 12 years (depending on credit type)
✔ Collaterals: other collaterals (real estate, securities, personal guarantees, risk-free guarantees) may be requested in addition to the EIF guarantee (60% of the credit value), as the case may be
✔ Grace period: according to the specific features of the granted product