The Program set up by the Ministry of Economy, Competitiveness and Shipping and implemented through the Credit Guarantee Fund for Small and Very Small Enterprises S.A. (TEMPME) helps enterprises to gain access to bank lending in order to meet their operational needs with regard to expenditure for the purchase of raw materials, goods and services, as well as the immediate payment of their suppliers. It also enhances enterprise liquidity, by ensuring more favorable lending terms (two-year grace period and six-year loan maturity) and by minimizing lending costs, setting up relatively low predetermined rates and the provision of minimal or zero guarantees.
Low-interest loan guarantee to enterprises for the acquisition of raw materials, goods and services - New Deadline
Post date:
Thursday, May 13, 2010 - 13:48Total Budget:
€1 000 000 000 Submission Period:
Thu, 05/13/2010 - 00:00 - Fri, 09/28/2012 - 00:00 Location:
GreeceBusiness Sector:
Accounting, Dairy, Agrofood & Fisheries, Arts, Construction, Education, Energy & Utilities, Finance & Insurance, Healthcare, Import & Export, Leisure & Recreation, Manufacturing, Media, Retail, Services, Technology, Transport, WholesaleWho Benefits:
Businesses under formation, Sole Proprietorship Businesses, Very Small Businesses (Up to 9 empl), Corporate Companies, Existing Businesses, Small Businesses (Up to 49 empl), Partnerships/ CooperativesFunding Amount From:
€5 000 Funding Amount To:
€300 000 Funding Source:
Greek State / EU Co-financedFunding Vehicle:
Credit Guarantee Fund for Small and Very Small Enterprises (TEMPME)Funding Type:
LoanRelated Funding Programs
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