Loans, which will be granted on a medium and long term, will be used to finance working capital and investments.
The JEREMIE initiative developed in cooperation with the European Commission allows member states to use part of their EU structural funds to finance SMEs. The program targets to ease SMEs’ access to financing.
Loans under the program have lower interest and low guarantees, of 0% to 70%, depending on the financed SME’s financial situation.