The EBRD’s financial intermediaries consider sound and sensible projects that
support private sector development. Each bank or programme has its own
requirements and investment limits. For detailed financing information,
contact the intermediary directly.
SME requirements for obtaining loans through local banks
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Sound business plans for establishing or expanding a company’s business.
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Solid management with a proven track record.
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Products that are competitive in the marketplace.
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Information on owners/partners.
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Security in the form of pledges, mortgages, etc.
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Funds provided must be used in strict accordance with the aims stated in the
original business plan.
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In line with the EBRD’s mandate, banks ensure that all proposals pay due
regard to environmental issues.
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Funding cannot be provided to majority state-owned companies or for
government-guaranteed projects.
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In addition, equity contributions, either in existing or new business, of
around 35% are often required.
Municipality requirements for obtaining loans through local banks
Funding for infrastructure projects is available to small and medium-sized
municipalities and their utility companies in the EU Accession countries.
Requirements:
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Population served by the municipality of under 100,000 people. For Bulgaria
and Romania, under 150,000 people.
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Able to repay the loan through the municipality's cash flow and to meet
specified financial ratios in loan agreements.
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Competent financial management and budgetary control procedures.
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Willing to apply EBRD procurement and environmental requirements.
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Willing to provide visibility for the EU's contribution.
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Commitment to publicise any EU technical cooperation support received through
events or press releases.
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