NEW! Access to financing by the aid of the European Investment Bank
Do you need financing or refinancing for an investment project or for permanent working capital?
EIB supports your project with 50% of the source of funds, and ProCredit Bank provides you with the rest. All you need to do is contact us, then we discuss your project and together we find the right solution! Provided thatyour company belongs to the category of autonomous small and medium-sized enterprises *, it has less than 250 employees as of the starting date of the project and a business turnover of up to EUR 50,000,000, then you can be the beneficiary of this new financing facility offered by EIB and ProCredit Bank.
You can access a loan in EUR, over a financing period of minimum 2 years and maximum 12 years, thus:
- for permanent working capital you can receive financing over a period of minimum 2 years;
- for equipment purchase or mixed destination (purchase of equipment and permanent working capital) you can receive financing over a period of maximum 7 years, in line with the economic and technical duration of the project;
- For building purchase or construction or for mixed destination (building purchase or construction and permanent working capital) you can receive financing over a period of maximum 15 years, in line with the economic and technical duration of the project.
This facility helps you to:
- finance your investments and expenses for the development of your company through eligible projects (except for the purely financial transactions);
- purchaseor renovate buildings or other material assets, except for lands;
- finance your need of working capital on a medium and long term;
- cover other expenses incurred by the development and planning of the purchase or construction of material assets.
The financing of a project is eligible provided that the age of the project does not exceed 3 years from its starting date.
* A company is autonomous if:
- It is totally independent, i.e. no other company holds any share capital or voting rights in the said company;
- Less than 25% of the share capital is held by another company;
- 25% or more of the share capital is held by another company, but the two companies, or the group, do not exceed 250 employees, jointly.
Note: Activity fields and types of projects excluded from financing through ProCredit Bank and EIB:
- Production of weapons and ammunition, military or police equipment or infrastructures, as well as any equipment or infrastructure which limits people’s freedom and individual rights;
- Gambling and similar activities;
- Tobacco production, processing or distribution;
- Activities which involve the use of living animals for experimental or scientific purposes, if they are not compliant with the "Convention of the Council of Europe for the Protection of Vertebrate Animals used for Experimental or Other Scientific Purposes ";
- Activities with a negative impact on the environment, the effect of which cannot be mitigated or offset by specific measures (according to the European Union directives and the national legislation for the environment);
- Activity fields which are considered to be controversial from an ethical or moral point of view (such as human cloning);
- Real estate development activities;
- Purely financial activities (such as trading financial instruments).