Content Section

Growth Loan

Table of content

Growth Loan

Finnvera can grant Growth Loans to SMEs and midcap companies for the financing of major growth or internationalisation projects and corporate restructuring.

The Growth Loan is a debt-based mezzanine financing product whose preference and other terms are negotiated jointly with the financiers who provide senior financing for the project.

The company's self-financing portion must always be at least 20% and the share contributed to the total financing by other financiers than Finnvera must be at least 50%. Project profitability and eligibility for financing is assessed on a case-specific basis together with other financiers.

The minimum amount of the Growth Loan is generally EUR 500,000 and the size of the project being financed typically exceeds EUR 1.5 million.

A Growth Loan may be granted to SMEs and midcap companies which have been in operation for over three years. If the applicant is a holding company (NewCo) buying another company already in operation, it is required that the company to be bought has been in operation for a minimum of three years.

Further information:

Finance Manager Esko Huhta, esko.huhta(at)finnvera.fi
Finance Manager Ilkka Soininen ilkka.soininen(at)finnvera.fi