Bank Millennium made loans secured by the Investmax guarantee available to companies

- “By expanding the scope of cooperation with BGK, the bank enables its customers to take advantage of most of the guarantees offered from public funds to companies from the SME sector. Entrepreneurs can use de minimis, BiznesmaxPlus and Ekomax guarantees at Bank Millennium, and now also Investmax. They facilitate access to financing for new investments and business development. Thanks to the Investmax guarantee, the bank does not require other material collateral for the loan. In addition, thanks to this form of security, we offer an extended loan period of up to 48 months in the case of working capital loans and a reduced borrower's own contribution of even as little as 10% in the case of an investment loan compared to the standard offer” – points out Antonio Pinto, Member of the Management Board of Bank Millennium.

The Investmax guarantee is designed for entrepreneurs in the SME sector, with a particular focus on micro-entrepreneurs. For them, the guarantee under the microfinance formula is provided free of charge. In other cases, the fee for guarantee provision is low at 0,3%. The Investmax guarantee secures 80% of the loan principal, up to PLN 6,906,400 in the case of SME support and up to PLN 172,660 in the case of microfinance.

The Investmax guarantee was created thanks to the use of national funds and funds from the InvestEU Program, in the form of a European Investment Fund (EIF) counter-guarantee. The InvestEU Program, through a budgetary guarantee, supports the European Union's policy objectives by facilitating access to finance for innovation, business development and job creation.

More information on financing enterprises on Bank Millennium website:

https://www.bankmillennium.pl/przedsiebiorstwa/produkty/finansowanie/kredyty