Credit for prefinancing
The credit covers the required company’s financing between the moment of payments made to the suppliers and that of collections from the management authority.
- SMEs, large companies and public businesses which will implement/are implementing projects co-financed from European/national grants.
- the credit can cover up to 100% of the grant value,
- lending period is matched to the project implementation schedule.
- assuring an additional liquidity by pre-financing the non-reimbursable amounts related to projects,
- the credit reimbursement is matched to the collection terms of non-reimbursable amounts.