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Business loans with EU support
More favourable conditions for micro-enterprises
More favourable conditions for micro-enterprises
Thanks to EU support, micro-enterprises
can benefit from reduced borrowing costs.
can benefit from reduced borrowing costs.
Loans up to €565,000- 9 or fewer full-time employees
- Maximum turnover of 20 million
Business loans with EIF guarantee
Froda has received support from the European Investment Fund (EIF) through the InvestEU Microfinance and Social Entrepreneurship Guarantee Facility, which enables Froda to lend to small entrepreneurs to promote growth, equality, sustainable jobs and social inclusion in Europe.
About the EIF
The EIF is part of the European Investment Bank Group. The EIF's main mission is to support small and medium-sized enterprises (SMEs) in the EU by facilitating their access to finance. The EIF designs and develops venture and growth capital, guarantees and microfinance instruments specifically targeted at SMEs.
About the guarantee
The guarantee means that you can get a business loan with a reduced cost of borrowing if you have a company with a maximum of 9 full-time employees and a maximum turnover or balance sheet total of 20 million. You can apply for a loan of up to SEK 565 000 to be covered by the micro-guarantee. The discount is automatically activated if your company meets the criteria for the guarantee.
Find out more about the guarantee from the European Commission.
As a lender
should be
We have built Froda around having the same incentives as you. This simply means that when you succeed, we do too.
