Medium and long term loans


Industrial enterprises and Service providers with a substantial impact on national economic development. Pontential beneficiaries must have capital and reserves amounting to at least 25.000 euros.


The loans are intended for the financing of professional equipment needed for the production or service-provision activities, including safety or environmental protection equipment as well as land being exclusively for professional use. The parts of buildings being used nonprofessional, private cars as well as inventories are excluded. The project for which a loan can be applied, must amount to at least 100.000 euros.

Fixing of loan amounts

Minimum per project: 25.000 euros.
Maximum per project: 10.000.000 euros (unless a special authorisation is granted by the Ministers of Finance and of the Economy).
Average of 25% to 30% of the eligible investment cost. The total amount of loans granted by SNCI cannot be higher than the amount of equity of the company.


The duration depends on the nature of investment with a maximum of 10 years. In general, the borrower has the choice between a long term-loan (6-10 years) and a medium-term loan (5 years). A grace period of no more than 12 months for repayment of the capital may be granted in individual cases.

Interest rate

The interest rate is the "SNCI prime rate" at the time the loan contract is signed. This rate, which is net and free of all commissions and additional charges, is fixed by the SNCI's Board of Directors on the basis of the refinancing costs. Currently the interest rate stands at 1,375% for the medium term loan and at 1,625% for the long term loan.


Loans are disbursed (on the basis of invoices and other relevant documentation) in maximum three instalments in proportion to payments made under the investment project.


Repayments are made quarterly based on a linear amortisation.
An early repayment of part or the total loan amount is possible at any time without penalty.


Real or personal guarantees might be required.


Applications are submitted directly to SNCI and must include a detailed and quantified description of the planned investment, the corresponding financing plan, a business plan over 3 to 5 years and the annual accounts for the past three financial years.