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Bridge financing

Bridge financing means a loan granted by Finnvera to meet a company’s need for working capital during the period between a positive grant decision and the actual payment of the grant.

Bridge financing for the period preceding the payment of public grants

Bridge financing refers to Finnvera's financing that is used to compensate for a company's financing needs between a positive grant decision and the payment of the grant.

Companies should primarily contact their own banks, as Finnvera can guarantee financing that has been granted by a bank. If necessary, you can also apply for temporary financing directly from Finnvera.

Terms and conditions of the bridge financing

A valid positive grant decision is a prerequisite for granting bridge financing.

The final terms of financing will be specified according to Finnvera's financing decision. EU Rules on state aid may raise the price of the bridge financing.

Applying for the bridge financing

Contact your bank.

In most cases, a temporary need for financing can be solved using Finnvera’s guarantee products.

Fill out the application for funding in our Online Service.

Apply financing through Finnvera’s Online Service

Please note that the person applying for financing must be the person responsible for the company authorised to sign on behalf of the company or, in the case of a company in the process of being established, the owner of the company. In addition to these, a person who has been granted mandates for transactions in the e-Authorizations service by the responsible person registered in the company's Trade Register can also be entered as the company's contact person in the financing application.

You will speed up the processing of the application by submitting with the application:

  • Business plan
  • Profit plan
  • From an active company, financial statements for the previous three financial years and the latest available information for the current financial year
  • Copy of the grant funding decision

Should you wish, you can draw up a business plan and a profit plan in the Enterprise Finland service. The results and financial plan forms are available on the Yritystutkimus ry's website (if needed).

We will contact you.

We will contact you by phone within a week after we have received your application.

Before making a financing decision, Finnvera carries out a business analysis to establish the applicant's financial situation and capabilities for repaying the loan, as well as the enterprise’s potential for profitable business. We assess your goals, strategy and development plans and the market situation.

The final terms and conditions of the financing will be specified according to Finnvera's financing decision. EU Rules on state aid may raise the price of the bridge financing.

Finnvera make a financing decision.

In addition to the scope of the project, the processing time will be affected by the coverage of the data submitted by application and any additional necessary information on the project to be financed. 

Read more about applying for financing

Repayment of bridge financing.

Bridge financing shall be repaid on the grant payment dates in accordance with the grant decision. However, the capital and interest of the bridge loan must be paid no later than in accordance with the terms and conditions of the promissory note.

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