The entire Széchenyi Card Program is available with a 3 percent interest rate

The interest rate reduction applies to the entire product range, so the Széchenyi Overdraft, Liquidity Loan, Investment Loan and Agricultural Széchenyi Card can also be applied for with more favorable conditions. The step follows the previously announced expansion of the Széchenyi Microloan, which offers higher loan amounts and more flexible conditions for the smallest companies.

The National Association of Entrepreneurs and Employers (VOSZ) emphasized in its statement that low-interest loans can play a key role in helping micro, small and medium-sized enterprises get through the uncertain economic period and maintain their operations until international markets stabilize.

The VOSZ national office network is already experiencing outstanding interest in the schemes, and provides personal advice to all applicants in applying and choosing the right financing institution.

According to the organization’s statement, their goal is for as many domestic enterprises as possible to benefit from the state interest and guarantee fee subsidy, which, in addition to the current fixed interest rate of 3 percent, makes the Széchenyi Card Program loans particularly competitive.