Lending low-interest loans to small and medium enterprises
The “TEPIX – Business Restart” program is in progress and allows the granting of low-interest loans for working capital and investments on very favorable terms. 50% of the financing is interest free as 50% of the funds come from TEPIX. This program will end in June 2018.
Potential beneficiaries: It is almost all small and medium enterprises, with a few exceptions. The purpose of the program:
a) Investment financing in amounts from 10,000 to 800,000 and duration up to 12 years.
b) Working capital financing in amounts from 10,000 to 300,000 and duration up to 48 months.
Collateral: According to the credit policy of the cooperating banks.
Because the terms and characteristics of these loans are favorable to businesses, this program is an opportunity for healthy businesses to use it to finance their development projects.
For more information on granting soft loans to SMEs contact us