Loans against Pledge of Subsidies

Loan Term

Corresponding to the terms of the subsidy receipt.

Amount

Up to 100% of the total estimated subsidy on the basis of the Aid application.

Participation with own funds

Not required.

Collateral

• Pledge on receivables that the applicant expects to obtain by the relevant schemes and measures
• Other satisfactory to the Bank collateral.

Repayment

One-off or in parts upon payment of the subsidy.

Utilization

One-off or in tranches.