Altum-Services-Enterprises-Kara seku atbalsts

Support of the consequences of war

Support for companies whose operations have been affected by the economic consequences of Russia’ s military aggression against Ukraine.

Who may apply for the support?

 

  • Performers of economic activity

  • Farmers

  • Fisheries and aquaculture companies

  • SMEs and large companies

Opportunities

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Up to EUR 10,000,000, but not exceeding one of the following:

  • 15% of the average turnover in the last three completed financial years or
  • 50% of the total energy costs in the last 12 months
  • For liquidity needs of an SME for the next 12 months or a large company for the next 6 months
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For new working capital and investment loans

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The guarantee covers up to 90% of the amount of the financial service (at the moment the remainder is underwritten)

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Term - up to 6 years

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Guarantee premium of 0.25%-2% annually

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Support will be provided until December 31, 2022

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Support is provided pursuant to the Cabinet Regulation on Guarantees for Mitigating the Consequences that Russia’s Military Aggression Against Ukraine Had on the Economy and Rules for Implementing Market Reorientation

Banks:

The loans are intended for companies whose operations have been affected by the economic consequences of Russia’s military aggression against Ukraine.

Who may apply for the loan?

 

  • Performers of economic activity

  • Farmers

  • Fisheries

Opportunities

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Loan amount of up to EUR 3 million, but the total amount must not exceed at least one of the following criteria:

  • 15% of the average turnover in the last three completed financial years
  • 50% of the total energy costs in the last 12 months
  • For liquidity needs of an SME for the next 12 months or a large company for the next 6 months
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For working capital and investments

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Term:

  • Up to 5 years for financial leasing and investment loans for financial services
  • Up to 3 years for working capital financial services
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Loan holidays of up to 24 months

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Eased collateral requirements

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Reduced interest rate | Price list

Who cannot apply for the loans?

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Negative impact on the company’s operations has not been established

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Gambling, financial mediation, sales of weapons, tobacco, alcohol, real estate operations, etc.