In 2016, UniCredit Leasing contracted a credit line of EUR5 million from the European Investment Bank (EIB) and the funds target the program Jobs for Youth, aimed at encouraging SMEs to employ young graduates.
Based on this program, UniCredit Leasing offers a reduction of 1.5%, compared with the standard interest rate, to companies proving they employ, collaborate under the form of internship or provide training programs to young graduates.
The product is available for the financing in euro of the projects implemented in Romania, which target new goods, for a period of 24 to 60 months.
The overall cost of each project cannot exceed EUR1 million. The use of crediting and financial leasing products by SMEs will enhance the financing of investments in fixed means and will imply new projects (new goods, vehicles with 0 km) or the modernization and extension of existing activities.
Sub-projects targeting the environmental protection and the small ones will have priority.