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Start Guarantee

Are you considering seeking financing for investment, working capital or development of your business, but your collateral is not enough. Finnvera's Start Guarantee can be a solution to obtaining financing.

Start Guarantee as collateral for corporate credit

Finnvera’s Start Guarantee helps new SMEs to obtain bank financing for various investment and working capital needs.

Your bank files an application on your behalf.

The Start Guarantee is intended for newly launched enterprises that are owned by private individuals and meet the SME definition applied by the EU. Another criterion is that no more than three years has passed since their entry into the Trade Register. The Start Guarantee can be granted to Finnish companies or registered private entrepreneurs but not for cooperatives or registered associations.

Terms and conditions of the Start Guarantee

Applying for the Start Guarantee

Contact your bank.

Present your credit application to the bank. The bank evaluates the operating conditions and creditworthiness of your business before issuing a loan.

Your bank files an application on your behalf.

If your company opts for a Finnvera Start Guarantee, the bank will issue a credit decision and apply for a Start Guarantee on your behalf from Finnvera through the online service. You or your company do not need to contact Finnvera directly. 

Finnvera make a financing decision and your bank will contact you.

We usually process the Start Guarantee application made by the bank within three business days.

Finnvera makes an independent decision based on the bank's application and Finnvera's own overall assessment. Your bank will contact you after Finnvera’s financing decision and request the debtor and any guarantors to sign the documents sent by Finnvera. The credit financed by Finnvera can be withdrawn after Finnvera has issued a separate notice of effectiveness to the bank.

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