The Slovenia Times

EUR 103 million available for SME liquidity guarantees

Economy

Ljubljana - The Slovenian Enterprise Fund has issued a call for bank loan guarantees worth EUR 103 million for micro, small and medium-sized companies. It plans to support around 650 projects.

Under the facility, companies can secure bank loans under favourable conditions and with a subsidised interest rate, the fund said on Friday.

The guarantees are available for loans that cover new investments, technological upgrades, and working capital associated with development-oriented investments.

Guarantees range from 60% to 80% of the loan value for loans of up to EUR 1.25 million previously approved by banks.

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