Altum-Services-Enterprises-Support of the consequences of war (guarantee)

Support of the consequences of war (guarantee)

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 is provided until the end of the program's temporary regulation

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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:

For more information