About the Credit Guarantees programme

Enterprises

An opportunity for entrepreneurs to receive bank loans for business development if their collateral is not sufficient for the receipt bank's financing.

The guarantee rate is up to 80 % of the loan principal amount for a period of up to 10 years.
The maximum amount of a guarantee is EUR 3 million for a period of up to 10 years — per one micro, small or medium-sized enterprise or a group of enterprises, except for road freight transport industry where the maximum amount of a guarantee is set to EUR 750,000.
The maximum amount of a guarantee is EUR 1.5 million for a period of up to 5 years — per large enterprise, except for road freight transport industry where the maximum amount of a guarantee is set to EUR 750,000.
The maximum amount of a guarantee is EUR 750,000 for a period of up to 10 years — per large enterprise, except for road freight transport industry where the maximum amount of a guarantee is set to EUR 375,000.
The guarantee can cover: an investment loan, a working capital loan (including credit limit), financial leasing (including financial leasing limit), factoring, a bank guarantee (procurement procedure guarantee, advance payment guarantee, performance or guarantee period guarantees), bank guarantee limit, a letter of credit.
A credit guarantee is issued on the basis of new enterprise obligations only.
The objective of a guarantee is to provide additional collateral for entrepreneurs could receipt a bank financing for implementing their business projects.
The guarantee is provided as de minimis aid in accordance with Commission Regulation (EU) No. 1407/2013 of 18 December 2013.