Guarantee scheme for small and medium-sized companies
Many small and medium-sized companies are clearly under pressure for liquidity. Therefore, a state guarantee of 70% of the banks’ new loans to otherwise healthy SMEs is introduced in the relevant industries that can cover operating losses as a result of covid-19.
Guarantee scheme for large companies
The Growth Fund can guarantee large corporate loans or credit in the financial institution to cover losses or expected losses in revenue of at least 30% as a result of the spread of covid-19.
It is a prerequisite to be included in the scheme that you have experienced a loss in revenue of over 30%.