SEF programs


In the line of credit schemes, has the Fund in 2016-2017 upgraded its operations, implemented the provisions of the European Code of Good Conduct for Microcredit Provision, and obtained the Certificate of compliance with the European Code of Good Conduct for Microcredit Provision, which was awarded by the European commission in 2017. 

In 2007-2013 financial framework, the Fund has used financial resources from the European Regional Development Fund and the national budget as well as own resources for the implementation of the micro-credit line. From 2018, it uses the European Structural and Investment Fund (EFSI) funds from the so-called Juncker plan. In addition to that the Fund also cooperates with the EIF through the EaSI programme (Employment and Social Innovation Program), which provides an additional guarantee for certain micro-credit lines.

Microcredits represent direct credits of SEF at a favourable contractual interest  rate. This kind of financing enables enterprises of specific target groups, which represent a specific market gap, access to favourable financing resources in the fourth development phase for financing of furher growth and development, investments and current operation of the enterprise. The purpose of microcredits is an easier and simpler access to sources of financing on favorable terms of financing, which are shown by a lower interest rate, lower collateral requirements, maturity of the credit and the possibility of a grace period for repayment of the credit as well as limitation of excessive approval procedures for the credit.

SEF offers microcredits in form of:
  1. Microcredits for micro and small enterprises
    The purpose of the product is easier access to favourable sources of financing for growth and development, investments and current operation of the enterprise on a national level. 
  2. Microcredits for problem regions
    The product allows easy and fast access to liquidity funds for enterprises in individual regions. 
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