EBRD Reboot Credit Line

In August 2023, Banca Intesa ad Beograd and the European Bank for Reconstruction and Development signed an agreement on the use of a new credit line in the amount of EUR 15,000,000.

CREDIT LINE USERS

Beneficiaries can be small and medium-sized enterprises according to EU criteria:

  • less than 250 employees
  • revenues less than EUR 50 mln
  • total assets less than EUR 43 million
  • that the majority are privately owned
     

The number of employees is a binding condition, and in terms of financial criteria, the fulfillment of only one of the two criteria mentioned above is sufficient. In the case of groups of related parties, the data is viewed at the consolidated level.

GRANTS

End users, after the successful implementation of the investment project, are entitled to grants (provided by the EU and EBRD) in the amount of 15% of the loan amount.

LOAN TERMS

  • maximum loan amount: EUR 1,000,000
  • loan term: up to 5 years
  • grace period: up to 2 years

PURPOSE OF CREDIT LINE FUNDS

The projects that will be financed with loans from this credit line are:

  • investments in industrial facilities and equipment,
  • Investments in software, improvement of enterprise management systems and general upgrading and modernization,

and all under the condition and with the aim of increased compliance with one or more European Union Directives in the field of environmental protection, worker safety and product safety and quality.

Only new projects can be financed, that is, projects whose implementation has started are not acceptable.

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