EXIM will launch a fixed interest investment loan for the exporting SME sector

By: Trademagazin editor Date: 2021. 03. 08. 11:20

In order to facilitate the restart of the economy and to provide long-term financing for the micro, small and medium-sized enterprise segment, which accounts for 99 percent of the Hungarian corporate sector, EXIM is launching a new 10-year interest-subsidized program with a fixed interest rate of 0.5 percent – the credit institution told MTI on Monday.

As they wrote, the companies involved in exports – in addition to the exporters – including the supplier system built around them, consisting of many thousands of Hungarian companies, mainly SMEs – were particularly affected by the international trade and economic difficulties caused by the pandemic. The mitigation loan program launched last May is still a quick and effective way to stabilize the day-to-day operations of companies and to deal with their liquidity difficulties, mainly due to the epidemic. (MTI)