ESIF Individual Guarantees

The program ESIF individual guarantees is divided into two measures within the program:

investicijski-mjera-A
obrta-sredstva-mjera-B

CONDITIONS DEFINED BY THE PROGRAM ESIF INDIVIDUAL GUARANTEES

Measure featureMeasure A – ESIF Individual Guarantees for Investment LoansMeasure B – ESIF Individual Guarantees for Working Capital Loans
Minimum guarantee amountEUR 150,000.00EUR 150,000.00
Maximum guarantee amountEUR 4,000,000.00EUR 1,000,000.00
Maximum guarantee rate80%80%
Minimum guarantee duration1 year1 year
Maximum guarantee duration10 years except in certain cases depending on the investment5 years
Share of working capital investment loansmaximum 30% of the loan amount100%
Risk premiumFrom 0.25% to 0.5% of the approved guaranteeFrom 0.1% to 1% of the approved guarantee

Interest rate subsidy

Certain target groups of entrepreneurs up to a maximum of 3 times in relation to the interest rate reduction by a financial institutionNot applicable

The program is not intended to finance the following activities:

  • agricultural and fishing activities and other activities excluded by the current rules on de minimis aid (Commission Regulation (EU) No 1407/2013 of 18 December 2013 on the application of Articles 107 and 108 of the Treaty on the Functioning of the European Union to de minimis aid) and EU Commission Regulation no. 651/2014 of 17 June 2014
  •  activities of one or more restricted sectors in accordance with Annex 3 of Commission Implementing Regulation (EU) no. 964/2014 of 11 September 2014
  •  commercial activities
  • retail sale of automotive fuel and lubricants in specialized stores (gas stations)
  • activity of cars and motor vehicles rental and lease (rent-a car)
  • road freight transport activity

Types of investments for which no guarantee can be issued:

  • VAT financing;
  • existing liabilities refinancing;
  • bridge loans, framework loans on business accounts, revolving loans, and frameworks for guarantees, loans, etc.
  • investments for personal purposes
  • construction or purchase of residential and commercial premises for sale or rent except for the purpose of carrying out the tourist activity performed by the applicant
  • purchase of real estate and movables from related parties; related parties and undertakings are defined in accordance with Article 3 of Annex I to Commission Regulation (EU) No 651/2014 of 17 June 2014 and International Accounting Standard 24
  • road freight vehicles in accordance with Article 3 (2) of Commission Regulation (EU) no. 1407/2013 of 18 December 2013