The KredEx Foundation package of measures have been developed based on various probable crisis scenarios, and with the aim of helping companies to prevent or mitigate liquidity problems.
Pursuant to the decision of the Government, KredEx Foundation will offer the following new services within the framework of the existing economic package in the following order:
- for loan guarantees to offer additional surety for new and existing bank loans. KredEx will receive targeted special purpose support up to EUR 1 Billion euros for loan guarantees.
- for revolving business loans in the amount of EUR 500 Million in order to help the companies to overcome liquidity problems caused by the coronavirus, including, where necessary, the re-payment of bank loans.
- for investment loans in the amount of EUR 50 Million to provide investment loans to companies so they can overcome problems caused by the coronavirus.
More information can be found at: https://kredex.ee/et/koroona
Last updated: 12.05.2020 21:07
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