Loans granted with IDB guarantee
Benefits for your business
Access to financing
Reduced collateral requirements
Lower costs
Intesa Sanpaolo Bank Romania grants loans with BID guarantee
Intesa Sanpaolo Bank Romania can grant loans with guarantees from the Investment and Development Bank (IDB).
Why choose Intesa Sanpaolo Bank Romania
• Consultancy adapted to the needs of SMEs
• Personalised solutions for your financing needs
• Affordable costs
• Expertise in evaluating DNSH criteria
Objectives
• Facilitating access to financing for SMEs that face difficulties in obtaining loans due to a lack of collateral or high borrowing costs, thereby supporting them in their growth, development, and innovation;
• Supporting sustainable investments and projects that contribute to climate neutrality and increased energy efficiency;
• Creating new jobs and supporting entrepreneurship.
What does the BID guarantee entail?
• Guarantees of up to 70% of the loan amount, for easier access to financing, and up to 80% for innovative companies or those with at least one woman who has been a shareholder for a minimum of 6 months
• Loans of up to 14 million lei, tailored to your business’s growth needs
• Program available until December 31, 2027
• New loans for eligible activities with authorised CAEN codes
• Financing dedicated exclusively to business development (refinancing or repayment of other loans is not accepted)
| PRODUCTS | INVESTMENTS LOAN | WORKING CAPITAL |
| Loan amount | Up to RON 14.2 million, within the de minimis aid threshold | |
| BID guarantee amount | Up to RON 10 million | |
| Guarantee structure | Mandatory guarantees: | Mandatory guarantees: |
| 70% BID_IMM Guarantee | 1. 70% BID_IMM Guarantee | |
| or | 2. Movable mortgage over the current accounts opened by the applicant with ISPRO | |
| 80% if the majority shareholder is a woman (for at least 6 months) / start-up / innovative companies according to Annex 16 – Innovative activities | 3. Surety agreement concluded with at least 50% of the shareholders (for clients with turnover below EUR 10 million) | |
| & | ||
| First-rank collateral guarantees | ||
| Purpose | Financing of investments in eligible sectors, including VAT | Non-revolving financing for working capital expenses in eligible sectors |
| Eligible expenses categories | Acquisition of fixed assets (new only), acquisition of intangible assets (software, licenses), real estate acquisitions (production spaces, commercial spaces, land for construction), new construction for production spaces, space modernisation, etc. | Procurement and production costs: acquisition of goods, materials, raw materials, consumables, current maintenance and repair expenses, operational expenses (rent, utilities, salaries), tax payments, etc. |
| The acquired assets must be related to the financed CAEN code! | ||
| Currency | RON only | |
| Maturity | Min. 12 months, max. 10 years | Min. 12 months, max. 5 years |
| (final loan maturity: max. 31.12.2037) | ||
| Pricing conditions | According to the Standard Cost List, from which the Financial Benefit Transfer will be deducted | |
| The Financial Benefit Transfer represents a reduction in the interest rate level (through a reduction of the standard risk margin) charged by ISPRO to the Borrower. | ||
| Guarantee fee included in the final price! | ||
