You can download the full text of the program here.
|COVID-19 Working Capital Loan|
Micro, small and medium-sized entrepreneurs
|Amount||Up to HRK 380,000.00|
|Period of use||6 months|
|Grace period||Up to 12 months if the repayment period is a minimum of 2 years|
|Repayment period||Up to 5 years, including the grace period|
|Collaterals||Loan beneficiary’s promissory note|
|Aid||De minimis/state aid in compliance with the Temporary Framework|
|Intended use||Working capital - 100% of the loan amount|
Financial instrument is not intended for:
- Sectors excluded by Article 1 of the Regulation on de minimis aid: fisheries and aquaculture and primary agricultural production;
- Tobacco and distilled alcoholic beverages;
- Manufacture of weapons and ammunition and their trade;
- Casinos and similar companies;
- Other activities and activities excluded by the terms and conditions of the Program.