The guarantee may be used when a subsidiary or an affiliated company abroad needs funding for investment, development or growth. The guarantee can also be used to acquire or increase a holding, or to raise the share capital, in a subsidiary or in an affiliated company abroad. After the investment, the recipient of the financing must usually hold at least 1/5 of the voting rights in the company. With certain limitations the guarantee can also be granted for larger companies.
To be eligible for financing, the subsidiary or affiliated company abroad must primarily engage in production, assembly, maintenance or service. Financing cannot be guaranteed merely to finance exports, in other words, it cannot be used simply to set up a sales office.
Enterprises with fewer than 250 employees that have an annual turnover not exceeding € 50 million or an annual balance-sheet total not exceeding € 43 million can apply for an internationalisation guarantee.
Finnvera's online service provides a secure and easy way for submitting financing applications. Log in to the service using your personal banking ID or your Katso ID.