Pan-European Guarantee Fund (EGF)

We offer financing up to €5,000,000. The amount depends on State Aid regime.

Specifically, the financing may be included in one of the following relevant Sate Aid regimes:

• by analogy to section 3.1 of the Temporary Framework for COVID-19
• by analogy to section 3.2 of the Temporary Framework for COVID-19
• de minimis aid regime, based on the activity sector of the business [Regulation (EU) 1407/2013, Regulation (EU) 1408/2013, Regulation (EU) 717/2014]
  

The Pan-European Guarantee Fund (EGF) offers three types of financing, so you may choose the one that best meets your business needs:

• Long-term financing for investment plans to buy and/or create assets (tangible and intangible), such as: 
  
  - to renew equipment, to invest (buy, build, renovate) in business premises 
  
  - to finance expenses for research and development, creation of distribution networks, acquisition of a company, software etc. 
• Medium-term financing for working capital to meet business growth needs, such as expenses to establish or expand your business, to buy raw materials, goods and services, to cover general expenses, payroll expenses, etc.
• Short-term financing to meet recurring business needs, in line with the trade cycle of your business (e.g. to buy raw materials, goods and services, etc.). 

The repayment term depends on the type of financing you will choose and the aid regime your business will be included in, with the maximum terms being:

• Investment loan: 120 months 
• Growth loan: 60 months
• Revolving credit facility (open-end account): 36 months
  

The Programme is available until 

• 30/06/2022 for financing that will be included by analogy to sections 3.1 and 3.2 of the Temporary Framework for COVID-19 and 
• 31/12/2022 for financing that will be included in the de minimis aid regime.

Find out all the required supporting documents.