The scheme for SMEs is near to be launched: the program details were published, and the banks may require guarantee ceilings
Banks may require ceilings
guarantees for loans to small and medium enterprises after the Ministry of
Finance published this week in the Official Monitor the order regarding the
implementation of a program whithin which the state will grant of 2 billion
lei. The program will be developed through the Credit Guarantee Fund for SMEs.
6000 SMEs could obtain a loan at interest initially about 5.5% per year through this program. The Ministry of Finance negotiated with the banks an interest which consits in the Robor indicator of 3 months (2% per year) plus a margin of 3.5%, which includes all bank charges. The maximum value of the credit is 5 million lei and may be granted up to two years, according to the document published in the Official Monitor.
17/10/2018 / “Open4Business” Matchmaking Event, 4-6 October 2017, Pécs, Hungary
03/08/2017 / “Match4Industry Business Matching Event”, 6th ed., Matchmaking Event, 2-3 November 2017, Kocaeli, Turkey
31/07/2017 / “EU-China Business & Technology Cooperation Fair”, Conference and Matchmaking Event, October 24th - 31st 2017, Beijing, China
11/07/2017 / “Business Internationalization Forum”, Conference and Matchmaking Event, November 3rd 2017, East Sarajevo, Bosnia and Herzegovina
Location: in the western part of Romania - to the north of West Region. The city is only 60 km away from the border with Hungary.Owner: Arad City Council Description of the Arad West Industrial Zone·...