Entrepreneurs in Croatia have Covid-19 capital loan option

9 December 2020

The Croatian Agency for Small Business, Innovation and Investment (HAMAG-BICRO), in cooperation with the Government of the Republic of Croatia and the Ministry of Economy and Sustainable Development, continues to implement measures to help micro, small and medium-sized enterprises whose business is threatened by the coronavirus .

Entrepreneurs are once again have at their disposal the COVID-19 working capital loan. The program is funded by the European Regional Development Fund and a total of HRK 1.3 billion has been provided. Entrepreneurs will thus be able to request a loan amount of up to HRK 380 thousand, with an interest rate of 0.25%. Under this financial loan insentive HAMAG-BICRO will directly grant working capital loans to entrepreneurs. The aim of the financial loans is to provide additional liquidity to micro, small and medium-sized small businesses while reducing the interest rate and reducing the level of collateral required.

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