Business

 A too high self-financing demanded from entrepreneurs of processing industry aimed at export, who wish to invest into machines and devices with the help of a loan, may turn out to be a problem. The subordinated loan of KredEx intended for technology investments covers the self-financing of a leasing or loan for an entrepreneur (up to 40% of the project cost).

With the help of the KredEx guaranteed Start-up loan, it is possible to finance investments and working capital of starting businesses and those small and medium-sized enterprises that have been active up to three years as well as self-employed persons, enabling fast growth and development.

In the long run, a subordinated loan is meant for sustainable companies that are oriented on growth and that the banks are not ready to finance due to low rate of self-financing, risky sector or insufficient collaterals. Similar to the owner of the enterprise, KredEx will provide capital for the entrepreneur’s use.

When selling a product or providing a service, an entrepreneur always faces a risk that the buyer cannot pay for the service rendered or goods received by the agreed term. To find a balance between credits offered to customers and risks connected with the latter, credit insurance may be a solution.