SME AND MIDCAP FINANCING PROJECT FROM THE EUROPEAN INVESTMENT BANK FUNDS (EIB)
B.C.”ProCredit Bank” S.A., with the support of the European Investment Bank, is offering to Small and Medium-sized Enterprises (SMEs) and MidCaps, a new loan facility. By accessing these funds, our clients will benefit of a discount of 0.25% from the standard interest rate for loans.
In order to benefit from these funds, our clients need to correspond to the following criteria:
- To be classified as a SME or MidCap;
- Maximum number of employees: for SMEs – less than 250 employees; for MidCaps - minimum 250 and less than 3000 employees;
- To be located in the territory of the Republic of Moldova under the control of the Moldovan Government;
- To activate in an eligible sector (defined according to the list of NACE codes (Statistical classification of economic activities in the European Union) provided by EIB);
- Should not hold and manage portfolios of equity participations and/or investments in other companies;
- The financed Sub-Project must comply with the relevant provisions of National Law and EIB requirements described in the EIB’s Statement of Environmental and Social Principles and Standards, notably in respect of environment and procurement;
- Not to be involved in any prohibited activities listed by the European Investment Bank and/or any National law;
- The sub-projects and its costs proposed for financing have to correspond to certain eligibility criteria.
