Guarantee schemes and liquidity insurance instruments – b) Indirect support: Guarantee programs for company’s liquidity insurance

1.Guarantee scheme regarding commercial credit insurance (supplier) – stimulating the risk exposure of insurers and facilitating companies’ access to commercial credit insurance
2. Guarantee program with Factoring and Discounting of trade bills – granting guarantee facilities by the state for short-term loans granted to SMEs whose value is established by correlating with the value of factoring type financing / discounting operations
3. Guarantee program for equipment and machinery Leasing – leasing guarantee for SMEs that opt ​​for non-bank financing

Guarantee schemes and liquidity insurance instruments – a) Loan guarantee programs for working capital and investments

1. IMM INVEST program for guaranteeing loans for working capital and investments for SMEs
2. State guarantees for lending to LARGE COMPANIES (turnover higher than 20,000,000 RON) for working capital and investments

Measures:

Measure A

Granting three categories of guarantees, in the name and on behalf of the state, for companies affected by COVID-19 pandemic, covering the need for guarantee in the proportion of a maximum of 90%, for new or already granted loans by banks for investment and / or to support the current activity of beneficiary

Measure B

Consists of providing funding with the State aid component on behalf of the state, for affected companies of the COVID-19 pandemic, in order to achieve investments and / or to support the current activity.

Measure C

Consists in granting products with a de minimis component, respectively the compensation of interest on ongoing loans, subsidizing interest on new loans and guarantee ceilings with component of de minimis for working capital loans granted by commercial banks.

Measure D

Consists in granting credits, guarantees and insurance under market conditions in the name and account of the state. Will be used in this respect the current standard products offered by EximBank.

Eligibility criteria:

Financing programs for new investments and for the relocation of companies in Romania

1. State aid scheme for new investments (greenfield) (stimulating and attracting new investments with major impact on the economy)
Categories of expenditure financed:
2. State aid scheme to support investments promoting regional development (stimulating and attracting new investments with major impact on economy)

Support Grants for innovative entrepreneurial initiatives and digitalization of companies

1. Grants for digitalization of SMEs
Financed expenses: IT equipment, use of electronic signature, connection broadband, software purchase, automation of industrial equipment, automation of technological flows etc.
2. Financing digital training programs for employees, for SMEs

Grant for increasing the competitiveness of SMEs

1. Grants for increasing the competitiveness of SMEs (allocating additional funds to the Regional Operational Program – POR – Priority Axis 2.2 “Supporting the creation and expansion of advanced production capacities and development of services”)
Categories of expenditure financed:
Regional state aid:
Minimis aid:
2. Grants for SMEs development by financing large investments (in increasing productivity through the Regional Operational Program – POR )

Categories of expenditure financed: Construction, modernization, expansion the production / service space; tangible, intangible assets.

Support grants for restarting economic activities, working capital and investments

1. SME grants for restarting economic activities in HORECA, Tourism, Transport and Event industries

Eligibility criteria:

Categories of expenditure financed: stocks of raw materials, consumables, merchandise, payment of debts to suppliers (including utilities), other debts to suppliers in the current activity, expenses with equipment, machinery, technologies, independent endowments, rent debts, debts on the purchase of services and repairs, except for consultancy services, expenses for the purchase of inventory items.

2. SME Grants for Investments and economic reconversion

Eligibility criteria:

Categories of expenditure financed: expenses with execution / acquisition of constructions, acquisition of with equipment, machinery, technologies, independent endowments, office furniture and specific furniture, expenses with the acquisition of plots of land max. 10% of the project value, expenses with consulting services, design services, project management, technical assistance, site management, expenses for systematization and land use planning, environmental expenses, utility network connection related expenses, accessibility expenses, promotion expenses, participation in fairs, events, conferences, expenditure on studies, intellectual property rights expenses, any other categories of expenditure that are related to the investment project for the expansion of existing production capacity as well as for the expansion of service

3. Aid scheme for RENT for trade and services affected Covid-19