P7K 2024 | Crisis Liquidity Loan

Loan
from EUR 15,000 to EUR 100,000

Funds available
EUR 21.70 million

100% coverage of eligible project costs

Product information

Call for proposals and documentation

Closed

to 09.04.2024

Purpose of the call

Loans for micro, small and medium-sized enterprises that have suffered economic damage in the field of energy supply

The purpose of the product is to directly provide liquidity financing to micro, small and medium-sized enterprises that have suffered economic damage in the field of energy supply due to the energy crisis. Fast and favourable financing through a crisis liquidity loan provides assistance in mitigating the effects of the energy crisis on the economy.

Amount of funding

  • From EUR 15,000 to EUR 100,000 of loan
  • 100% coverage of eligible project costs
    Possibility to submit 1 application.

Funds available

  • EUR 21.70 million

Loan conditions

  • Repayment period: from 2 to 5 years for loans from EUR 15,000 to EUR 50,000
    from 2 to 7 years for loans from EUR 50,001 to EUR 100,000
  • Moratorium: from 1 to 6 months – the moratorium is included in the loan repayment period
    (with the possibility of extension up to a maximum of 24 months)
  • Interest rate: annual fixed 2.0%
  • Security: 8 bills of exchange of the company (for loans from EUR 15,000 to EUR 50,000)
    8 bills of exchange of the company + personal guarantee (for loans from EUR 50,001 to EUR 100,000)
  • No loan management and approval fees

Conditions for application

  • Main condition: the annual energy cost in 2022 was at least 3% of the net sales revenue
  • Status of a micro, small or medium-sized enterprise with its registered office in the Republic of Slovenia
  • Organized as sole proprietorships, general partnerships, cooperatives and institutions, and social enterprises so.p.
  • At least 1 employee for full-time employment
  • Company established and operating before January 1, 2022
  • Credit rating at least SB8
  • The company must not be in difficulty
  • The company does not belong to an excluded sector
  • »de minimis«

Conditions for drawing and repaying the loan

  • Drawing of the loan: Dedicated and in a single amount
    (no later than 45 days after loan approval)
  • Method of loan repayment: The loan is repaid in equal monthly instalments.

Eligible costs

  • Tangible fixed assets (purchase of new machinery and equipment)
  • Intangible long-term assets (purchase of patented rights, licenses, etc.)
  • Costs of working capital (costs of materials, merchandise and services)
  • Charged related VAT on eligible costs

The following are not eligible costs:

  • Costs for the purchase or renovation of road vehicles
  • Costs of construction or renovation of business real estate
  • Salary costs and all related employment costs

Period of eligible costs: Eligible project costs may be incurred from 1 January 2024 to 31 May 2025

Tender deadlines and method of submitting the application

  • Application submission is electronic, via the ePortal of the Fund
  • The application can be submitted on the following application deadlines:
    • 15. 3. 2024 until 2:00 PM
    • 15. 4. 2024 until 2:00 PM
    • 7. 5. 2024 until 2:00 PM
    • or until all funds are exhausted

Information for entrepreneurs

1. Tender and documentation

Publication of the public tender in Ur. l. RS no. 15/2024 of 23 2. 2024 and amendments in Official Gazette l. RS no. 32/2024 of 12 4. 2024.

2. Registration and creation of a company in the ePortal

  • Before completing the application form, the applicant registers and creates a company profile
  • If the applicant needs assistance in preparing the application, they can add an authorized representative who is also registered on the Fund’s ePortal.
  • You can view the operation of the ePortal for submitting the application in the presentation video

3. Preparation of the application

  • Fund form – ePortal
    • Completion of the electronic form »Application for financing P7K 2024 – « in ePortal, which includes:
      • Questionnaire for determining the political exposure of a person
      • Questionnaire for determining connections with a high-risk country
      • Authorization for the needs of data verification at FURS
  • Proof of AJPES assessment S.BON-1 or eS.bon (online credit rating) for companies, sole proprietors, cooperatives and institutions based on the annual report for 2022
  • Accounting statements for 2022, which were submitted to AJPES
  • To secure the loan (applies to loans requested from EUR 50,001 to EUR 100,000), the following documentation must be attached:
    a) Loan security P7K 2024. The form is here.
    b) Statement of personal assets of the personal guarantor with annexes. The form is here.
  • The attachments are as follows: – GURS valuation of real estate (https://eprostor.gov.si/EV_JAVNI/) or valuation of real estate by an authorised contractor, prepared at least in 2022– Land Registry excerpt(s) for the real estate.

    The statement with annexes must be completed for each guarantor separately, including the owner of the company (even if the latter has no assets).

4. Contact persons of the SPS for entrepreneurs