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Low-interest loan guarantee to small and very small enterprises for tax and social security obligations

Author:
GenSecInd1
Post date:
Wednesday, February 16, 2011 - 11:46

The Program aims at covering directly small and very small enterprise obligations to the public sector and social security funds, at issuing insurance and taxation records in order to facilitate their transactions with the public sector and at ensuring their access to sources of financing. Furthermore, the Program aims at supporting entrepreneurship and the viability of small and very small enterprises faced with liquidity problems because of the financial crisis. The Program offers finally the opportunity to free up funds or to seek new sources of finance in the future for the development of business activity.

 

What is funded: 

The Program regards new bank term loans with a view to covering small and very small enterprise obligations to tax offices (ΔΟΥ) and social security funds, on the date of referral, to obtain a certificate of debt after approval of the Program.

NACE codes benefitted:
MINING AND QUARRYING   (B), MANUFACTURING   (C), ELECTRICITY, GAS, STEAM AND AIR CONDITIONING SUPPLY (D), WATER SUPPLY; SEWERAGE, WASTE MANAGEMENT AND REMEDIATION ACTIVITIES (E), CONSTRUCTION   (F), WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES   (G), TRANSPORTATION AND STORAGE   (H), ACCOMMODATION AND FOOD SERVICE ACTIVITIES   (I), INFORMATION AND COMMUNICATION   (J), REAL ESTATE ACTIVITIES   (L), PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES (M), ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES   (N), EDUCATION   (P), HUMAN HEALTH AND SOCIAL WORK ACTIVITIES   (Q), ARTS, ENTERTAINMENT AND RECREATION (R), OTHER SERVICE ACTIVITIES   (S)
Relevant Links: 
More info on the Program
Relevant Files: 
application/pdf iconBrief Description on the Program
Contact: 

TEMPME S.A. 26 Amalias Str., 3rd floor, 105 57 Athens, Tel. 210 3311201-4, Fax: 210 3311207, e-mail: info@tempme.gr

Total Budget: 
€1 000 000 000
Submission Period: 
Wed, 05/19/2010 - 00:00 - Sun, 10/31/2010 - 00:00
Location:
Greece
Business Sector:
Accounting, Dairy, Agrofood & Fisheries, Arts, Construction, Education, Energy & Utilities, Finance & Insurance, Healthcare, Import & Export, Leisure & Recreation, Manufacturing, Media, Retail, Services, Technology, Transport, Wholesale
Who Benefits:
Sole Proprietorship Businesses, Very Small Businesses (Up to 9 empl), Corporate Companies, Existing Businesses, Small Businesses (Up to 49 empl), Partnerships/ Cooperatives
Funding Amount From: 
€5 000
Funding Amount To: 
€100 000
Funding Source:
Greek State / EU Co-financed
Funding Vehicle:
Credit Guarantee Fund for Small and Very Small Enterprises (TEMPME)
Funding Type:
Loan

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Co-funded by Greece and the European Union

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