The target enterprise may operate in any sector except farming, forestry or building developer’s business. The enterprise must meet the criteria set by the EU for SMEs and it must have the prerequisites for profitable business.
An Entrepreneur Loan can be granted to a shareholder of a limited company whose holding of the share capital and votes will be at least 20 per cent after completion of the investment or the transaction financed by means of the loan.
The loan can also be granted to several founders or shareholders in the same enterprise. The maximum loan per borrower is 100,000 euros. The borrower must personally put up a self-financing portion of at least 20 per cent.
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.