'ESIF Loans for Growth and Development' is a financial instrument for which funding is provided by the European Structural and Investment Funds (ESIF) and commercial banks, in the ratio of 50:50, from which long-term investments of small and medium-sized enterprises are financed.
Credit line suitable for micro, small, medium-sized enterprises requiring a loan of EUR 100,000 to EUR 3,000,000 (EUR 10,000,000 in tourism sector).
An investment must be an initial investment related to one of the following circumstances:
- Establishment of a new business unit: investment in the construction, purchase and / or reconstruction of a new production facility, a new hall, a new hotel, a new distribution center, etc.,
- Expanding the capacity of an existing business unit: upgrading a hotel wing or lifting new floors, expanding a factory, etc.,
- Diversification of the business unit's production into products not previously manufactured by the business unit concerned: the existing factory introduces the production of a different product from the one it used to produce (difference in the third / fourth digits of the NACE code, that is, the NKD group / class),
- A fundamental change in the overall production process of an existing business unit: the entrepreneur introduces a production process that is substantially different from the previous
Our role:
- Check your acceptability and project ideas
- Develop an investment study
- Prepare and submit a Loan Application
- Correspondence with banks
- Manage project implementation