Loan for exporters to support maintenance - COVID loan

Who is it mainly for?

The loan is provided on favorable terms and is intended for companies in the segment of small and medium-sized enterprises (SMEs), which carry out export activities as part of their activities. 

What can funds be used for?

The funds obtained from the operating loan can be used by the exporter to finance operating costs, to finance investments in tangible or intangible assets related to the maintenance of employment and employment, and also to pay liabilities to the Social Insurance Agency and health insurance companies.

How much can a company get?

Loans can amount from 100 to 500 thousand EUR, but a maximum of 50% of revenues for the previous year and have a maturity of three years with a deferral of repayment of principal and interest by 12 months from the first drawdown. Exporters can be reimbursed the full interest rate, ie they can obtain an interest-free loan.

What are the conditions?

However, the interest bonus (4.0%) is conditional on maintaining average employment at the level of the average number of employees in the 12 months preceding the month in which the loan application was submitted, as well as on the client having no obligations after one year from the loan date. overdue for more than 1 month on social and health contributions.

The loan guarantee is provided by the Ministry of Finance up to 80% of the loan principal balance.

You can apply for a loan by email at coviduver@eximbanka.sk.