BCR gets EUR 75 mln EIB line to finance small and medium companies
Local lender BCR has taken a EUR 75 million loan from the European Bank for Investments (EIB), which will be channeled towards financing for small and medium enterprises. Companies with up to 249 employees, including new companies, which…
Romania Insider · Journalist
· Updated · 1 min read
Local lender BCR has taken a EUR 75 million loan from the European Bank for Investments (EIB), which will be channeled towards financing for small and medium enterprises. Companies with up to 249 employees, including new companies, which work in industry, tourism, services, agriculture and construction can ask for financing from this line. The financing will be available as investment loans, including as co-financing for projects which benefit from European funds. The maximum value of a loan is EUR 12.5 million, and the total cost of an eligible project should be up to EUR 25 million. The loan could cover from two to 12 years, with a grace period of up to four years.
