FINANCIAL INSTRUMENTS
Guarantee program PLUS
This program covers two measures:
| Measure feature | Measure A - Investments | Measure B – Working Capital |
| Maximum guarantee amount | EUR 2,000,000.00 | EUR 1,000,000.00 |
| Maximum guarantee rate | 50% | 50% |
| Shortest guarantee period | 1 year | 1 year |
| Allowed share of working capital | maximum 30% of the loan amount | 100% of the loan amount |
| Risk premium | From 0.25% to 0.5% of the approved guarantee amount | From 0.5% to 1% of the approved guarantee amount |
| Guarantee coverage | Loan/leasing principal | Loan principal |
| Aid | De minimis aid and/or state aid | De minimis aid |
Financial institutions participating in or having participated in the implementation of the financial instrument ESIF Limited Portfolio Guarantee shall be eligible to participate in this Program as follows:
- in measure B, exclusively for loan guarantees to refinance existing liabilities;
Financial institutions participating in or having participated in the implementation of the financial instruments “ESIF Individual Guarantee with Interest Rate Subsidy” and “ESIF Individual Guarantee without Interest Subsidy” are eligible to participate in this Program as follows:
- in measure A, exclusively for guarantees with the value lower than EUR 150,000.00 in kuna equivalent;
- in measure B, exclusively for loan guarantees to refinance existing liabilities;
These limits shall be applied until the individual allocation to the financial instruments “ESIF Limited Portfolio Guarantee”, “ESIF Individual Guarantee with Interest Rate Subsidy” and “ESIF Individual Guarantee without Interest Subsidy” is exhausted.
