EXIMBANKA SR concluded a Finance Contract with the European Investment Bank (EIB) for the financing of projects promoted by small and medium sized enterprises (“SMEs”) and MidCap companies (“MidCaps”). Loans from the EIB credit line are allocated for SMEs defined as enterprises with less than 250 employees and MidCaps, defined as enterprises with minimum 250 and less than 3 000 employees. Loans are intended for financing of investment projects and operational capital.
Loans from the EIB credit line are granted under more favourable conditions and benefit from the lower interest rate reduced by at least 0.25 % p.a. in comparison with regular interest rates offered by EXIMBANKA SR. The interest rate will be variable and based on the EURIBOR reference interest rate.
Conditions of the EIB loan:
Projects financed from the EIB credit line must also meet all the financing conditions set out by EXIMBANKA SR.