The InvestEU innovation and digitalisation programme is supported by the European Union through the InvestEU Fund, 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 ustainability" 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 (under certain conditions, the InvestEU funding limit can be increased to €15 million);
● Currency - EUR;
● Guarantee coverage – up to 80%;
● Purpose of the loan - Instalment loan (incl. loan with extended period of utilization), 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.
● Client eligibility criteria:
The borrower should comply with one or more of the Innovation Criteria or with one or more of the Digitalisation Criteria.
Innovation Eligibility Criteria
● The client should use the loan to invest in producing, developing or implementing new or substantially improved:
- products, processes or services,
- or production or delivery methods,
- or organisational or process innovation.
● OR finance investments in intangible assets
● The Client is:
- A "fast-growing enterprise", operating in a market for less than 10 years following its first commercial sale;
- AND with an average annualised endogenous growth in employees or in turnover greater than 20% a year, over a three-year period,
- AND with ten or more employees at the beginning of the observation period.
● The Client shall have a significant innovation potential or be an "R&I-intensive enterprise”
Digitalisation Eligibility Criteria
The client should use the loan for at least one of the following purposes:
● Innovative business models;
● Supply chain management;
● Product/service innovations;
● Customer relationships;
● Business development;
● Cybersecurity/data protection;
● Internal processes;
● Digital skills, training and upskilling;
● Digitalisation enterprises.
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.
The InvestEU sustainability programme is supported by the European Union through the InvestEU Fund, 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 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 Sustainability" guarantee programme with preferential collateral conditions.
Programme specifications:
● Borrowers - Micro, small and medium-sized enterprises, according to the Law on SMEs and Small Mid-Caps;
● Loan amount – up to EUR 7.5 million (under certain conditions, the limit could be increased up to EUR 15 million);
● Currency - EUR;
● Guarantee coverage – up to 80%;
● Purpose of the loan - working capital and/or investment;
● 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 144 months.
● Client eligibility criteria:
The borrower should be qualified as a “Sustainable enterprise” or the purpose of the loan shall meet at least one of the investment below:
- Climate change - Renewable energy; Green and energy efficient buildings; Industrial energy efficiency; Zero emission mobility; Green Information Communication Technology; Climate resilience;
- Transition to a circular economy - Sustainable use of materials; Waste reduction, collection; Product as a service, reuse and sharing models that enable circular economy strategies; Green Information Communication Technology enabling circular economy;
- Water resources;
- Pollution prevention and control;
- Protection and restoration of biodiversity and ecosystems;
- Green Investments in Agriculture and Forestry;
- Social Accessibility Investment.
“InvestEU” benefits from support from the European Union under the InvestEU Fund. ProCredit Bank, in partnership with the European Bank for Reconstruction and Development (EBRD), provides loans to support development of green economy. The guarantee programme offering preferential collateral and interest rate conditions to the enterprises in Bulgaria and Greece to make sustainable investments more accessible.
Programme specifications:
- Currency - EUR
- Purpose of the loan - investment
- Guarantee coverage – up to 80%
- Interest rate and fees – preferential conditions. The guarantee fee is covered by ProCredit Bank
Eligibility criteria:
- Supporting investments and businesses that can be considered to be substantially contributing to climate and/or environmental objectives, including Energy Service Company (ESCO)
- Maximum Loan amount EUR 2,500,000
- Loans have a minimum tenor of 1 year and a maximum tenor of 15 years
- Preferential collateral conditions
