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Finnvera Loan

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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.

Please note! If your company's financing needs are related to at coronavirus situation, see Working capital loan for financing needs caused by the coronavirus crisis.

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. The minimum amount of the Finnvera Loan is EUR 50,000, and it is usually used as part of the overall financing package granted by the bank.

Companies should primarily contact their bank for the planning of overall financing. Financing needs can often be resolved using Finnvera’s guarantee products as well (Start Guarantee, SME Guarantee and Finnvera Guarantee).

Before making a decision on your loan, Finnvera carries out a business analysis to establish whether your enterprise has the potential for profitable operations. The analysis assesses your targets, strategies, development plans and the market situation. A written business plan will speed up the handling of your financing application.

Terms and conditions of the Finnvera Loan

The Finnvera Loan can be used for the financing of all sectors except for farming, forestry and property development in the construction sector.

Finnvera Loan is intended for SMEs and, on special grounds, for companies larger than an SME. The company applying for the loan may be just starting its operations or an established company.

The Finnvera Loan can be applied for a small and medium-sized enterprise (SME), which means that

  • the enterprise has fewer than 250 employees
  • its annual turnover does not exceed 50 million euros or its annual balance-sheet total is less than 43 million euros.

Furthermore, the holdings in the enterprise and its holdings in other enterprises may contribute to the fact that the enterprise is not an SME.

The minimum amount of the Finnvera Loan is EUR 50,000. The loan period is generally 3–15 years depending on the character and size of the investment.  

The price of the Finnvera Loan

The interest rate is fixed or tied to a reference rate. It is affected by the business’s profitability and financial standing, its operating risk and security. In national support areas, the interest of the loan to SMEs incorporates an interest subsidy. 

Security is negotiated case by case. A handling fee is charged on the loan.

Applying for the Finnvera Loan

Finnvera's online service provides a secure and easy way for submitting financing applications. You can log in to the online service with your personal online banking credentials or mobile certificate.

The financing applicant who authenticates themself in our online service must be a person in charge at the company and have the authority to sign on behalf of the company, or be the owner of a company being established. The company’s contact person named in the financing application can be any of the aforementioned or a company employee who has been given a power of attorney.

Read more about applying for financing