InvestEU SME Competitiveness

  • Currency - EUR
  • Guarantee coverage – up to 60%
  • Purpose of the loan - installment loan, credit line, overdraft
  • Interest rate and fees – preferential conditions. The guarantee fee is covered by ProCredit Bank

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The InvestEU Programme for SME Competitiveness is supported by the European Union through the InvestEU Fund. It is financed by the European Union - NextGenerationEU and with the financial support of Greece as a contributing Member State to InvestEU. The Guarantee Programme is funded by the Recovery and Resilience Facility, under the National Recovery and Resilience Plan for Greece.

ProCredit Bank, in partnership with the European Investment Fund (EIF), provides loans to support Small and Medium-sized enterprises under the "InvestEU SME Competitiveness" guarantee programme with preferential collateral conditions.

Programme specifications:

  • Borrowers - Micro, small and medium-sized enterprises, according to the Law on SMEs and Small Mid-Cap;
  • Loan amount – up to EUR 7.5 million;
  • Currency - EUR;
  • Guarantee coverage – up to 60%;
  • Purpose of the loan - installment loan, credit line, overdraft;
  • Interest rate and fees – preferential conditions. The guarantee fee is covered by ProCredit Bank;
  • Collateral – reduced requirements for the collateral provided by the enterprises, up to 40% of the loan amount;
  • Term of financing:

         - minimum 12 months;

         - up to 48 months for revolving loans (credit lines & overdrafts);

         - up to 144 months for investment loans.

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