Working capital

When the need for working capital increases

More working capital may be needed, for example, when the accounts receivable or inventories increase. We can contribute to the financing of working capital by granting loans or guarantees. Depending on the sums involved, we do this alone or together with other providers of financing.

Financial planning for a growing company

For a growth company, advance financial planning is also a tool for assessing risks. When risks are measurable, they can also be managed better.

Applying for financing for growth

It's often most convenient for a growth company to apply for financing from a bank. However, if you are seeking a loan from a bank but do not have the collateral required by the bank, an SME Guarantee provided by Finnvera may be the solution.

Charges

Finnvera charges interest on its lending (reference rate + margin) and a guarantee fee for its guarantees. In addition, Finnvera also charges a service fee for each loan.

Loan repayment

Loan repayment is in accordance with the repayment plan laid down in the agreement.

Products

Start Guarantee

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. Finnvera’s Start Guarantee can be used for working capital needs caused by the coronavirus as well by companies which have been operating for maximum three years.

Finnvera Guarantee

Finnvera Guarantee is intended for SMEs as security for domestic financing in such areas as investments and/or working capital and business and company acquisitions.

Finnvera Loan

The Finnvera Loan (Investment and Working Capital Loan) is intended for small and medium-sized enterprises. It can be used to finance domestic construction, machinery and equipment investments, energy and environment projects, working capital needs, and various ownership arrangements. NB! First, negotiate financing with your bank. At present, Finnvera can only grant the Finnvera loan as part of the agreed overall financing together with other providers of financing. If your company’s financing needs are related to the coronavirus situation, see Working Capital Loan for working capital needs caused by the coronavirus crisis.

SME Guarantee

Finnvera’s SME Guarantee makes it easier for growth seeking SMEs to get a bank loan for investment, working capital or product development needs. Your bank files an application on your behalf. Finnvera’s SME Guarantee which does not require a countersecurity can now, as an exception, be used for working capital needs caused by the coronavirus.