In the modern economic environment, a company’s competitive advantage is one of the most important factors supporting its development and success.

By offering loans through the InnovFin Guarantee Programme, ProCredit Bank helps its clients increase their competitive advantage by implementing innovations into their businesses.

Loans offered within the InnovFin Programme make it possible to make investments in innovative equipment and gain access to working capital at advantageous conditions:

  - Guarantee facility offered by the European Investment Fund is offered free of charge (i.e. at no additional cost to the client) and covers 50% of the loan amount

  - Repayment period of up to 10 years, depending on the loan purpose

  - Repayment plan adapted to meet the specific needs of the client’s business.

The guarantees offered by the European Investment Fund under the InnovFin Guarantee Programme suppose a flexible approach to collateral and offer clients access to financing under conditions of collateral insufficiency.

The programme is supported by the InnovFin SME Guarantee Facility, with the financial backing of the European Union under Horizon 2020 Financial Instruments.