Loan repayment

Loan repayment is in accordance with the repayment plan laid down in the agreement.

In small projects, the loan period is usually 1+4 years: In the first year, there are only interest payments and the payment of the instalments will start in the second year.

You should take this into account when making liquidity plans as the instalments will become larger after the first instalment-free period.  Note also that the instalments are paid at three monthly intervals, not each month.

If there are problems with loan repayment, you should contact Finnvera without delay.