Loan for micro-enterprise growth
Loan for microenterprises investing or exploring new opportunities
We wish contribute to the establishment of growth-oriented companies, which is why we can grant both loan guarantees and loans for micro-enterprise growth. Loan applications are accepted for a limited time, from 1 February to 31 July 2026. We also aim to investigate micro-enterprises’ access to financing and its impact in Finland.
The loan complements the commercial financial market and is suitable for cases where an enterprise is unable to obtain commercial financing. The loan is intended for micro-enterprises that have prepared a comprehensive and profitable business plan and have previously applied for but failed to secure financing from a bank or other commercial financing party.
A micro-enterprise may be granted the loan when its financing needs focus on investments and/or development measures that will improve the company's operations and competitiveness and that differ from its normal operations.
The loan is intended for companies with fewer than ten employees whose annual turnover or balance sheet is up to 2 million. Both conditions must be met for two consecutive years (EU definition of a micro-enterprise). Foundations are not eligible for the loan.
The applicant enterprise must have been established and registered in the Trade Register.
Other Finnvera financing cannot be granted to the enterprise concurrently.
What types of projects is the loan suitable for?
Intended for meeting new financing needs associated with promoting the growth, productivity or competitiveness of a micro-enterprise that differ from its normal operations, including:
- starting a business
- hiring a new employee
- opening a new branch
- larger and/or better new facilities
- investments in machinery and/or equipment
- expansion, development or renewal of business, such as launching a new product/service, or business acquisitions
- digitalisation of business.
Attachments for the applications
Please include your business plan and performance plan in your application. In addition, include the company’s financial statements and their appendices for the past three fiscal years and an interim financial statement for the current fiscal year.
If the company has not yet operated for three financial years, submit all the financial statements completed so far. If the company does not yet have any official financial statements, provide the latest available performance and balance sheet information.
The financial statement may date back up to a maximum of 18 months, and, in the case of limited liability companies, the financial statement must have been submitted to the Finnish Patent and Registration Office.
Loan terms
Applying for a loan
Contact your provider of financing
A company's financing needs can usually be resolved by using a Finnvera guarantee, which is why you should first contact your usual provider of financing about your financing needs.
Finnvera grants guarantees to several financing providers operating in Finland. Read more about Finnvera’s loan guarantee services for domestic businesses.
Apply for a loan in our online service.
Fill in the loan application in our online service. On the Financing tab, select “Loan for micro-enterprise growth” and provide the requested information about your financing needs.
Attach the following to your application:
- Business plan
- Performance plan
- Financial statements for the past three fiscal years and an interim financial statement for the current fiscal year.
The application will not be processed until the required attachments have been submitted to Finnvera.
For making a business plan and performance plan for a new enterprise, book an appointment at an enterprise consultant at the nearest Enterprise Agency or any other regional business service. The advisory services are free of charge. These plans are required e.g. as attachments for the financing application. You may also prepare your business plans in the Job Market Finland business plan tool.
All applications submitted to Finnvera by 31 July will be processed in the order of arrival.
We will be in touch.
We will contact you approximately within two weeks of receiving your application. The processing time depends on the scope of the project. Please note that processing times may be longer than normal during peak periods.
Before making our decision on, we will conduct an enterprise analysis to determine the financial situation of your enterprise, the repayment plan as well as your profitability factors. The enterprise analysis assesses the objectives, strategies, development plans and market situation of your enterprise.
Finnvera makes a financing decision.
The processing time is affected by the extent of your project, the completeness of the information provided in the application and any additional information required on the project to be financed.
Finnvera submits the financing decision to the enterprise through online services or by mail.
