In the long run, a subordinated loan is meant for sustainable companies that are oriented on growth and that the banks are not ready to finance due to low rate of self-financing, risky sector or insufficient collaterals. Similar to the owner of the enterprise, KredEx will provide capital for the entrepreneur’s use.
With the help of the KredEx guaranteed Start-up loan, it is possible to finance investments and working capital of starting businesses and those small and medium-sized enterprises that have been active up to three years as well as self-employed persons, enabling fast growth and development.
Business loan guarantees are meant for companies whose value of the collateral property or self-financing is not sufficient for getting a bank loan or who do not have a long history of operation.
To ease the problems related to enterprises' long-term financing, KredEx, in cooperation with banks, will offer long-term loans to enterprises. The loan will be issued by a bank.
Hobujaama 4, 10151 Tallinn, Estonia kredex[at]kredex.ee +372 6674 100
