The EIB has made available a Global Loan for Tatra banka, a.s. which is dedicated to the financing of small and medium-sized projects carried out primarily by SMEs in the industry and services sectors, Mid-Cap enterprises, local authorities and final  beneficiaries of any size.

Main financing categories:

• The purchase, renovation or extension of tangible assets other than land;
• Investment in intangible assets, i.e.:
  • Development, planning and financing costs during the construction phase of a tangible asset;
  • R&D expenses (fees, development costs and gross salaries directly associated with the research, development, and innovation components of the activity);
  • Building up of distribution networks in domestic or other markets inside the EU (asset and/or trademark acquisition, operational costs and labour costs).
• the environmental protection and improvement, including energy
• health
• projects enhancing the knowledge-based economy (i2i), education

Final beneficiaries:

• Section A) - small and medium-sized enterprises (SMEs) with less than 250 employees
• Section B) - Mid-Cap enterprises (Mid-Caps) with less than 3 000 employees
• Section C) - public and semi public sector authorities and final beneficiaries of any size

The total cost of each project:

• The total cost of each Project should not exceed the equivalent of EUR 25 000 000

The loan amount provided by Tatra banka, a.s.:

• Depending on the business plan for the project and the financial situation of the final beneficiary.

Thereof loan allocation from the EIB loan program:

• Section A) and B): The amount of an EIB allocation may reach up to 100% of the loan granted by Tatra banka, a.s., but may not exceed EUR 12.5m
• Section C): The amount of an EIB allocation should not exceed 50% of the eligible project costs

Advantages for the Final beneficiaries:

• Transfer of financial advantage to the final beneficiary - Lower interest rate compared to the standard interest rate of Tatra banka, a.s.

Further conditions:

• EIB's resources and other European Union resources (e.g. from the European Regional Development Fund -ERDF or the Cohesion Fund) may not cover more than 100% (Section A) and B) ) or 70% (Section C) ) of the project costs in aggregate.
• The project's implementation shall have started and not have finished more than 6 months prior to the presentation of the allocation request
• Project implementation period - max. 3 years (Section A) and B) ) or 3-5 years (Section C) )
• Projects must be situated mainly on the territory of Slovakia or in any European Union Member State
• Conformity with EU and national legislation: esp. with regard to energy efficiency and environmental protection, procurement procedures for works, supplies and services
• EIB reserves the right to visit the project's location including plant, all assets and works in order to verify the consistency of the project information provided