EU-supported loans - Entrepreneurs and Businesses - ČSOB
Loans in cooperation with the European Investment Fund
These loans impose no extra administrative burdens compared to standard financing but offer a lower interest rate and a higher credit limit. Take inspiration from the stories of our successful clients DAVER and CRYONIQ, who took advantage of this opportunity and used loans from ČSOB to grow their business.
The European competitiveness programme COSME aims to provide easier access to finance for European small and medium-sized enterprises (SMEs).
Investment loan
From € 4,000 to € 500,000
Purpose
renovation and purchase of buildings for business, purchase of machinery
Repayment period
18 months - 15 years
Security
guarantor’s declaration, real estate for higher limits
Working loan
From € 4,000 to € 300,000
Purpose
Operational needs, such as purchase of material or stock
Repayment period
12 months - 10 years
Security
guarantor’s declaration, real estate for higher limits
Overdraft loan
From € 4,000 to € 300,000
Purpose
bridging short-term lack of funds, payment of invoices, payroll costs
Repayment period
4 years
Security
guarantor’s declaration, real estate for higher limits
Benefits
- comprehensive financing of operations and investments with the possibility to also use an EU overdraft loan,
- more accessible financing thanks to an EU guarantee,
- reduced interest rate,
- long repayment period for the investment loan with the possibility to distribute instalments over 15 years,
- lower collateral requirements.
Conditions for granting
Registered office in the Slovak Republic
Business activity in the Slovak Republic for at least 1 year
An annual turnover of at least € 10,000
Satisfaction of other conditions laid down by the Bank
Documents
- proof of business authorisation or establishment as a legal person,
- tax returns of the applicant for the last two accounting periods,
- financial statements of the applicant for the last two accounting periods
- confirmation from the tax office on the bank’s form.
This financing is made possible by a guarantee provided through COSME and the European Fund for Strategic Investments (EFSI), established under the Investment Plan for Europe. The aim of the EFSI is to support the financing and implementation of productive investments in the European Union and provide easier access to funding.