Benefits

Liquidity for current activity or for investments, at low costs.

  • ZERO granting commission;
  • ROBOR 3M interest + fixed margin 2.00% for investment loans;
  • ROBOR 3M interest + fixed margin 2.50% for loans / credit lines for working capital financing.
  • ZERO early repayment fee;
  • Through FNGCIMM the state guarantees up to 90% of the value of loans granted, depending on the size of the company;
  • Maximum amount of credits:
    • up to 10,000,000 lei for investments
    • up to 5,000,000 lei for working capital:
      • maximum amount for micro-enterprises: RON 500,000
      • maximum amount for small enterprises: RON 1,000,000

Costs

The state can guarantee up to 90% of the loan value.

Financing costs (the amount of interest payable to the bank) are 100% subsidized by the State Budget, through the State Aid Scheme, until 31.12.2020.

  • Risk commission:
    • it is due to the Ministry of Public Finance by the beneficiary of the program;
    • it is calculated by FNGCIMM as a percentage applied to the value of the guarantee provided in the guarantee contract, for the entire guarantee period and is paid only once upon granting / increasing / extending the guarantee, for the entire validity period of the guarantee. Its obligation to pay is covered by the aid in the form of a guarantor received by the beneficiary during the period of validity of the State Aid Scheme;
    • after the termination of the State Aid Scheme, for new loans or if the initially contracted loan is increased, the amounts representing the risk fee are calculated by the credit institution and transferred by the beneficiaries of the Program to a separate budget revenue account, opened at the State Treasury units.
  • Management fee:
    • it is due to FNGCIMM for the entire period of State Aid Schemes and is supported from the State Budget, through the Ministry of Public Finance budget - General actions within the State Aid Scheme associated with this Program;
    • after the termination of the State Aid Scheme, the administration commission is due to FNGCIMM by the beneficiary of the program, is calculated at the value / balance of the state guarantee and is established according to the law.

Eligibility criteria

General eligibility criteria

Eligible beneficiaries must meet the eligibility criteria of Idea::Bank and cumulatively, the following main criteria:

  • It is not in difficulty within the meaning of points 20 and 24 of the Communication from the European Commission published in the Official Journal of the European Union, series C, no. 249 of July 31, 2014;
  • He is not in dispute, as a defendant, with the Ministry of Public Finance and / or Idea::Bank;
  • It does not appear with overdue loans, including for leasing type financing, in the last 6 months prior to December 31, 2019. If they register arrears, they are classified in categories A, B, C in the database of the Credit Risk Center;
  • It is not prohibited to issue checks on December 31, 2019 and does not appear with major incidents with promissory notes in the last 6 months prior to December 31, 2019 in the database of the Payment Incidents Center;
  • Insolvency proceedings were not opened against him, under the applicable laws;
  • It does not record outstanding tax obligations and other budget receivables. If they register such outstanding obligations, the beneficiary undertakes to pay them from the working capital credit / line of credit granted under the Program;
  • It presents to the credit institution collateral guarantees which, in the case of investment loans, together with the state guarantee and the real estate and / or movable legal mortgage on the assets financed from the credit, cover in proportion of at least 100% the value of the financing;
  • For loans / credit lines for financing working capital may be included in the structure of guarantees related to the loan legal mortgage on credit balances of all accounts opened by the beneficiary at the credit institution, legal mortgage on the universality of movable or immovable property; real estate and / or movable mortgage constituted by the beneficiaries / third party, together with the state guarantee.

RESTRICTED fields of activity:

  • 920 - Gambling and betting activities;

Production or sale of weapons, ammunition, explosives, tobacco, alcohol, substances under national control, narcotic and psychotropic plants, substances and preparations:

  • 110 - Manufacture of beverages (except 1107 - Manufacture of non-alcoholic soft drinks; production of mineral waters and other bottled waters);
  • 1200 - Manufacture of tobacco products;
  • 2540 - Manufacture of armaments and ammunition;
  • 2051 - Manufacture of explosives;
  • 4635 - Wholesale of tobacco products;
  • 4726 - Retail sale of tobacco products in specialized stores;

Investigation and protection activities:

  • 801 - Protection and guarding activities;
  • 802 - Security systems service activities;
  • 803 - Investigation activities.

Medium-sized enterprises

Find below the eligibility conditions and financing solutions for medium-sized enterprises.

  • Number of employees: between 50 - 249;
  • Net annual turnover: ≤ EUR 50 million / RON equivalent;
  • Total assets: ≤ EUR 43 million / RON equivalent.

 

Idea:: IMM Invest

Credit line /
Working capital loan

Investment loan

Loan value up to RON 5.000.000 up to RON 10.000.000
State guarantees maximum 80% of the loan amount

maximum 80% of loans amount, excluding interest, commissions and related expenses

Loan maturity maximum 36 months up to 72 months, with the possibility of a grace period of up to 18 months
Interest ROBOR 3M + 2,50%
(subsidized 100% from the State Budget, during the State Aid Scheme)
ROBOR 3M + 2,00%
(subsidized 100% from the State Budget, during the State Aid Scheme)

Costs of granting, monitoring and administering the guarantees granted in the name and account of the State will be supported by the State Budget, during the development of the State Aid Scheme.

Small enterprises

Find below the eligibility conditions and financing solutions for small enterprises.

  • Number of employees: between 10 - 49;
  • Net annual turnover: ≤ EUR 10 million / RON equivalent;
  • Total assets: ≤ EUR 10 million / RON equivalent.

 

Idea:: IMM Invest

Credit line /
Working capital loan

Investment loan

Loan value up to RON 1.000.000 up to RON 10.000.000
State guarantees maximum 90% of the loan amount

maximum 80% of loans amount, excluding interest, commissions and related expenses

Loan maturity maximum 36 months, with the possibility of extension for another 36 months up to 72 months, with the possibility of a grace period of up to 18 months
Interest ROBOR 3M + 2,50%
(subsidized 100% from the State Budget, during the State Aid Scheme)
ROBOR 3M + 2,00%
(subsidized 100% from the State Budget, during the State Aid Scheme)

Costs of granting, monitoring and administering the guarantees granted in the name and account of the State will be supported by the State Budget, during the development of the State Aid Scheme.

Micro-enterprises

Find below the eligibility conditions and financing solutions for micro-enterprises.

  • Number of employees: up to 9;
  • Net annual turnover: ≤ EUR 2 million / RON equivalent;
  • Total assets: ≤ EUR 2 million / RON equivalent.

 

Idea:: IMM Invest

Credit line /
Working capital loan

Investment loan

Loan value up to RON 500.000 up to RON 10.000.000
State guarantees maximum 90% of the loan amount

maximum 80% of loans amount, excluding interest, commissions and related expenses

Loan maturity maximum 36 months, with the possibility of extension for another 36 months up to 72 months, with the possibility of a grace period of up to 18 months
Interest ROBOR 3M + 2,50%
(subsidized 100% from the State Budget, during the State Aid Scheme)
ROBOR 3M + 2,00%
(subsidized 100% from the State Budget, during the State Aid Scheme)

Costs of granting, monitoring and administering the guarantees granted in the name and account of the State will be supported by the State Budget, during the development of the State Aid Scheme.

How to apply

You choose the best option to apply!

  • Register in the Program on the website www.imminvest.ro;
  • Choose loan type and your bank partner Idea::Bank;
  • Apply  for Idea::IMM Invest:
    • Fill in the online form below;
    • Call Idea:: call center *4455;
    • Come to a branch Idea::Bank.

Apply for Idea::IMM Invest

We will get back to you in no time!