European Investment Fund financing for small and medium sized enterprises
As part of the European Investment Fund project, long-term financing is offered for small and medium-sized enterprises, mainly for new manufacturing industry projects.
Possible terms and conditions:
Repayment period:
For investment loan - up to 10 years
For financing working capital (for expanding and developing core business) – up to 3 years
The loan can be issued in a lump sum or in parts
Maximum amount of loan for one project – EUR 880 thousand
The industry of the enterprise’s core business must be one of those mentioned under section C of the NACE v.2.0 classifier (such as production, manufacturing)
Deadline for applications - 1 February 2012
Funding from EIF cannot be used:
For refinancing
For restructuring
Towards repayment of an existing loan
For production, delivery or trade of alcohol
For processing of fish, crustaceans or molluscs
For production of agricultural products
Together with the state guaranteed programmes (LIAA, LGA)
