Entrepreneur Loan

The minimum amount of the loan is EUR 20,000.

The loan amount will be considered on a case-by-case basis, taking into account the financing needs, the borrower's financial situation and ability to repay the loan.

The loan period is typically five to six years, however, always at maximum 12 years. 

The applicant's share of self-financing is recommended, but not a necessary condition for granting a loan.

Our requirements for the borrower of an Entrepreneur Loan:

• the borrower must hold at least 5% of the share capital and votes after the investment or share transaction financed with the loan
• the borrower works in the company or serves as a Board member in the limited liability company
• the borrower’s personal finances are in good order

• The target company of the Entrepreneur Loan must have the prerequisites for profitable business.
• The loan is not suitable for financing a company's working capital needs. See Finnvera's guarantee products suitable for working capital needs.
• The loan is not suitable for boosting equity capital or financing an undertaking in difficulty.
• The loan cannot be used to finance participation in incentive programmes for large corporates.
• Finnvera cannot finance agriculture proper, forestry or property development in the construction business. A few other sectors are also excluded from financing. Check the list of industries that Finnvera cannot finance.

The reference rate is the six-month Euribor plus a fixed margin of 3.75% p.a.

A management fee is also charged on the loan.

See our service price list