Setting up a company

For a smoother start

When you have a good idea and the willingness to test it, you’re already at the beginning of the path. Careful planning and smart financial arrangements help you get ahead. We offer your company financial solutions for early-stage acquisitions, investments and working capital needs.

Where to get help for starting a company?

A sound business idea, business skills and careful planning are useful in the starting and running of a company. You can seek financing from Finnvera for purchases, investments and working capital during the early stages of your business.

Financial planning when setting up a business

Applying for financing during the setting up of a company requires careful planning and financial calculations.

Applying for financing when setting up a business

It's often most convenient for a new 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, a Start 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.

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

A 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 a Finnvera loan as part of the agreed total financing together with other financiers. 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.

Entrepreneur Loan

An Entrepreneur Loan is a personal loan granted to an entrepreneur. It can be used for financing investments in the share capital of a limited company and/or in the fund of invested unrestricted shareholder’s equity. An Entrepreneur Loan can also be used to finance purchases of shares of an existing limited company. NB! First, negotiate financing with your bank. Entrepreneur loan is not granted for working capital needs arising from the coronavirus crisis. Primarily, find out the conditions for a loan granted to a company, which is guaranteed by Finnvera, and secondarily for a loan granted directly by Finnvera. See Working Capital Loan for working capital needs caused by the coronavirus crisis.