What are the benefits?
Leasing guarantees, provided by INVEGA, offer solutions to unattractive or insufficient conditions and facilitate the access to the funding sources.
What companies are eligible?
Business start-ups, small and medium-sized enterprises.
What is the maximum amount?
The amount of the leasing guarantee may not exceed EUR 1,448,100 or, in the case of a lessee that has operated for less than 3 years on the date of submission of the guarantee application to INVEGA, may not exceed EUR 579,240.
The lessee must pay a downpayment to the leasing company for the leased property which must be at least 10 per cent of the price of the leased property.
The amount of the leasing guarantee may not exceed the difference between 70% of the price of the leased property and the downpayment and its amount may not also exceed 60 per cent of the price of the leased property.
How does it work?
In order to use this financial instrument, business start-ups and small and medium-sized enterprises are required to apply directly to the financial institution and agree on funding. The financial institution will assess the project, ability to repay leasing and calculate the amount of guarantee needed. Subsequently, the financial institution will submit a request for a guarantee on a leasing as well as other related documents to INVEGA.