Investment and Working Capital Loan

An Investments and Working Capital Loan is intended for newly established and existing enterprises to finance investments in buildings, machinery and equipment and to provide working capital needed because of growth.

Finnvera can provide financing for enterprises in almost every sector; only actual farming, forestry and building developer's business remain outside our range of financing.

Enterprises with less than 250 employees, a maximum of EUR 50 million turnover or balance sheet total of EUR 43 million can apply for an Investments and Working Capital loan.

In 2007–2013 interest support for the loan may be obtainable from the European Regional Development Fund (ERDF), provided that the enterprise and the project are located in the EU objective regions, as defined in EU regional policy, and meet the eligibility criteria for assistance.

Attachments
Online Application (open a new web browser)
Application (PDF)

Brochure (PDF)

Loans for Women Entrepreneurs

Loans for women entrepreneurs are intended for enterpises in which women are majority shareholders and which are managed by a woman. An enterprise may be just starting up or one already operating and employing a maximum of five persons.

Loans for women entrepreneurs are used for investments in machinery and equipment relating to an enterprise's business, for working capital requirements, other business start-up and expansion projects or company development. We can provide financing for enterprise activities in almost every sector; only farming, forestry and building developer's remain outside our range of financing.

A loan for women entrepreneurs can be supplemented by the start-up money (Starttiraha) granted by the Ministry of Labour. Other Finnvera loans are also available. A loan for women entrepreneurs is available in one or several instalments subject to a maximum of 35,000 euro.

In 2007–2013 interest support for the loan may be obtainable from the European Regional Development Fund (ERDF), provided that the enterprise and the project are located in the EU objective regions, as defined in EU regional policy, and meet the eligibility criteria for assistance.

Attachments
Online Application (open a new web browser)
Application (PDF)

Microloan

A Microloan is particularly intended to finance the activities of a small enterprise that is just starting up or already in business. The loan is used for investments in machinery and equipment relating to an enterprise's business, for working capital requirements, other business start-up and expansion projects or company development.

An enterprise may receive a Microloan in one or more amounts subject to a maximum of 35,000 euro. Other Finnvera loans are also available. A Microloan can be granted to all forms of company and it may be supplemented with the start-up money (starttiraha) granted by the Ministry of Labour.

Enterprises with a maximum of five employees and permanent business activities in all business sectors, except for the actual farming industry, forestry or building developer's business, may apply for the loan.

In 2007–2013 interest support for the loan may be obtainable from the European Regional Development Fund (ERDF), provided that the enterprise and the project are located in the EU objective regions, as defined in EU regional policy, and meet the eligibility criteria for assistance.

Attachments
Online Application (open a new web browser)
Application (PDF)

Micro-guarantee

A Micro-guarantee helps SMEs to obtain financing for different investment and working capital needs. A Micro-guarantee is intended for enterprises employing a maximum of 49 persons. They may operate in any business field, except the actual farming industry, forestry or building developer's business.

An enterprise applies for financing in a bank which makes an assessment of it’s prerequisites for profitable business and the collateral risks involved in the financing. The bank then applies for Finnvera’s Micro-guarantee electronically on behalf of the enterprise. Based on that application Finnvera then makes it’s guarantee decision. The enterprise itself is usually not in direct contact with Finnvera regarding the Micro-guarantee.

A Micro-guarantee is based on a credit and guarantee facility agreement, concluded between Finnvera and banks, to enable fast handling of applications in Finnvera. All branches of Nordea Bank Finland plc, Sampo Bank plc, Aktia Bank plc, Stadshypotek AB (publ), Branch Operations in Finland, Svenska Handelsbanken AB, Tapiola Bank Ltd, Optia Saving Bank, Cooperative Banks, Helsinki OP Bank well as a number of local savings and cooperative banks are covered by the agreement. If the bank is not covered by the agreement, Finnvera’s other guarantee products can be used as a guarantee for the loan.

Finnvera can guarantee 60 % of the loan at the most. The maximum amount of loans guaranteed with Micro-guarantees per enterprise can be 85 000 €.

Application
A bank applies for Micro-guarantee on behalf of the enterprise

Brochure
Micro-guarantee, brochure (PDF)