Bridge 2

The "BRIDGE 2" program is addressed both to companies that have serviced debts, and to companies that can not meet their loan obligations.

The main features of the program are:

• Subsidizing a monthly installment of business loans for 8 months.

• Subsidy of both the capital and the interest of the loan.

• Rewarding consistent borrowers, with high subsidy rates, up to 90% of the monthly installment.

• Installment subsidy up to 80% for companies that have non-performing loans in order to regulate them and avoid foreclosures and auctions.

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The application process in the new program is simple, fast and fully electronic, without the need for supporting documents, for anything that is already available in public and private creditor databases.

A condition for joining the program and providing a State subsidy is the fulfillment of the eligibility criteria, which are proportional to the size of the business.

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Submit application until May 9, 2021.
 

Grant payment:

• If the business loan is serviced, then the payment of the subsidy starts 1 month after the approval of the subsidy and takes place on the last working day of the month. The payment of the 1st installment of the grant will be made on 31/5/2021.

• If the business loan is non-performing, then the payment of the subsidy starts 1 month after the conclusion of a loan arrangement agreement with the bank or loan manager and takes place on the last working day of the month. The loan must be adjusted by 15/7/2021 at the latest.