Need : Treasury
Description: The purpose of the Treasury Strengthening Guarantee Fund is to guarantee operations to strengthen the financial structure of small businesses and SMEs by granting new bank loans or by consolidating short-term bank loans in the medium term.
Consolidation appropriations must be accompanied by an increase, or at least by a continuation, of overall bank lending.
Loans whose normal duration is between 2 and 7 years are eligible and whose purpose is to:
- financing the increase in working capital requirements (BFR);
- consolidate existing short-term credits.
Maximum risk limit (for all banks combined) of €1.5 million for the same company or group of companies (consolidated).
Guarantee ratio from 50% to 70%, depending on the conditions.