Guarantee program PLUS

This program covers two measures:

Measure featureMeasure A - InvestmentsMeasure B – Working Capital
Maximum guarantee amountEUR 2,000,000.00EUR 1,000,000.00
Maximum guarantee rate50%50%
Shortest guarantee period1 year1 year
Allowed share of working capitalmaximum 30% of the loan amount100% of the loan amount
Risk premiumFrom 0.25% to 0.5% of the approved guarantee amountFrom 0.5% to 1% of the approved guarantee amount
Guarantee coverageLoan/leasing principalLoan principal
AidDe minimis aid and/or state aidDe 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.