BDAR

The State Aid Fund for Business will provide financial aid for the maximum term of 6 years.

Last updated: 22 10 2020

The loan amount may range from EUR 300 000 to EUR 2 million, while aid in the form of debt securities will be provided from EUR 1 million. Loans or bonds for one company shall not exceed 25% of turnover of the company in 2019; a subordinated loan for a large enterprise may not exceed 8.4% of its turnover in 2019 and for a medium-sized enterprise - 12.5% of its turnover in 2019. Investments in equity shall be made to the extent which would allow the company to continue its activities, without exceeding its pre-crisis capital.

Last updated: 22 10 2020

Information on the criteria for financial aid provided by the State Aid Fund for Business is available here.

Last updated: 22 10 2020

Yes. When applying for financial aid to the State Aid Fund for Business, having a written refusal of a credit institution to disburse a loan or a financing proposal of a credit institution made to the company to grant financing on extremely unfavourable terms shall be necessary.

Last updated: 22 10 2020
Last updated: 22 10 2020