Loans and sureties for entrepreneurs for investments

After the excellent experience gained during the implementation of the JESSICA and JEREMIE Initiatives in the programming period 2007-2013, the Pomorskie Voivodeship once again decided to appropriate part of the allocation of the Regional Operational Programme of the Pomorskie Voivodeship for the years 2014-2020 (ROP PV 2014-2020) to repayable instruments in the area of entrepreneurship, allocating the funds, inter alia, for implementation of companies’ investment plans, for increasing their competitiveness, for securing loans and credits granted, as well as for mitigating the effects of COVID-19 epidemic.

Six financial products are available from resources of the programme.

Microloan/Development loan/Investment loan

They are debt instruments which are granted both under market conditions and under preferential conditions. They are a source of financing the development of micro and small enterprises for which lack of a credit history or insufficient securities are usually the barrier in acquiring external capital from financial institutions. Financing the working capital is allowed for entrepreneurs affected by the COVID-19 epidemic.

Investments implemented on areas with a low economic activity level are preferred, whereas amongst final recipients – micro enterprises and companies which have been operating for not more than two years and those economic entities which encountered difficulties or are in a difficult situation due to the COVID-19 epidemic. With regard to the Investment loan, preference is given to investments aimed at market expansion in geographic or offer-related dimension, and contributing to the creation of sustainable jobs.

It is possible to finance investment expenditures, and with regard to entrepreneurs affected by the COVID-19 epidemic – also the working capital directly connected with the implementation of the development project (depending on the product up to 25% or 50% of the amount of the granted loan).

Profiled loan

The profiled loan is a debt instrument which is a preferential source of financing for enterprises which operate on a larger scale – additionally increasing profitability of development projects. Small and medium-sized enterprises, especially those with expansion potential, are supported via the instrument.

The loans bear interest under market conditions or under principles more favourable than the market ones, exclusively in the preference areas, i.e. in the case of investments focused on commencement or increase of intra-community supply of goods or export. In the case of projects implemented to improve effectiveness of enterprises thanks to the use of information and communication technologies or reduction of water-, raw material-, material-, transport- and energy-consumption of production processes, there are preferred projects which form part of the Smart Specializations of Pomerania.

With regard to entrepreneurs affected by the COVID-19 epidemic, it is allowed to allocate up to 25% of the loan amount for financing the working capital.

Surety

The surety is an instrument directed at securing credits, loans and leasing transactions. It is especially intended for enterprises which do not have sufficient securities to gain access to the market financing.

 

The surety covers credits/loans/leasing allocated for development projects of enterprises, implemented in the territory of the Pomorskie Voivodeship, improving their competitive potential, ability to extend activities by adding new products or services, as well as increasing productivity.

The surety may also cover a liability allocated for financing the working capital provided that such financing is necessary to achieve objectives of a given investment and is consistent with relevant regulations in this respect. In the period of fight with effects of the COVID-19 epidemic (by the end of 2020). The surety may include the working capital credit in its entirety, used for securing the ongoing activities of an enterprise.

Investments executed on areas with low economic activity are preferred in access to the surety.

Liquidity loan

The liquidity loan is a product addressed to enterprises affected by the COVID-19 epidemic. In particular, micro- and small, as well as medium-sized enterprises may benefit from the loan to finance expenditures necessary for maintaining economic activity and for ensuring financial liquidity (working capital).

The financial contribution, after use (repayment of loans by final recipients), will be returned to the Region.

Smart Specializations of Pomorze

SSP 1 – Offshore and port & logistics technologies

Goal: economically efficient and environmentally safe exploration and exploitation of marine resources;

SSP 2 – Interactive technologies in an IT-saturated environment

Goal: effectiveness and security of various human activities in the economic and social sphere;

SSP 3 – Eco-efficient technologies in production, industry, distribution and consumption of energy and fuels and in construction

Goal: reduction of the energy intensity of the economy and its negative impact on the environment;

SSP 4 – Medical technologies for civilization and ageing-related diseases

Goal: reduction of social and economic costs of civilization and ageing-related diseases.

 

Detailed information about each loan:
Microloan/Development loan/Investment loan

For whom?	micro-sized and small enterprises from the Pomorskie Voivodeship
For how much?	attractive interest rate, details available from financial intermediaries
Other conditions:	term of the loan up to 5 years (Investment loan up to 7 years), value of the loan up to PLN 100 thousand (Micro-loan), from PLN 100 thousand to PLN 300 thousand (Development loan), from PLN 300 thousand to PLN 1 million (Investment loan)
For what?	increasing competitiveness of a company, extending an offer of products and services, gaining new markets, implementing new solutions, modernizing company’s equipment, adapting rooms used in activity, equipping or retrofitting work stations
Financial Intermediaries:	Micro-loan and Development loan Pomorski Fundusz Pożyczkowy Sp. z o.o., head office Gdańsk: phone: 58 302 20 05 ul. Szara 32-33, 80-116 Gdańsk, Branches: Słupsk, Bytów, Tczew, Kartuzy, Wejherowo Towarzystwo Inwestycji Społeczno-Ekonomicznych S.A. Office in Gdańsk, phone: 58 717 29 57, ul. Jaśkowa Dolina 9/6, 80-252 Gdańsk Żuławski Bank Spółdzielczy, phone: 55 246 91 30, ul. Sikorskiego 52, 82-100 Nowy Dwór Gdański with an affiliate in Nowy Dwór Gdański Bank Spółdzielczy in Dzierzgoń, phone: 55 270 25 60, ul. Wojska Polskiego 4, 82-440 Dzierzgoń with an affiliate in Dzierzgoń, Elbląg, Gdańsk Investment loan Polska Fundacja Przedsiębiorczości Office in Gdańsk, phone: 58 301 02 29, 784 317 998 ul. Piwna 1/2, room 111,  80-831 Gdańsk, Offices in Gdynia, Słupsk and Lębork Bank Spółdzielczy in Czersk, phone: 52 395 37 62 ul. Dr. Zielińskiego 4, 89-650 Czersk, Bank’s branch in Karsin, Affiliate in Chojnice

Profiled loan

For whom?	micro-, small and medium-sized enterprises from the Pomorskie Voivodeship
For how much?	attractive interest rate, details available from financial intermediaries
Other conditions:	term of the loan up to 7 years, value of the loan from PLN 300 thousand to PLN 1 million
For what?	investments that reduce resource intensive manufacturing processes, utilize modern information and communications technologies (ICT), as well as investments in the areas of the Smart Specializations of Pomerania
Financial Intermediaries:	Polska Fundacja Przedsiębiorczości Office in Gdańsk, phone: 58 301 02 29, 784 317 998 ul. Piwna 1/2, room 111, 80-831 Gdańsk, Offices in Gdynia, Słupsk and Lębork Bank Spółdzielczy in Czersk (Head office and branch), phone: 52 395 37 62 ul. Dr. Zielińskiego 4, 89-650 Czersk, Bank’s branch in Karsin, Affiliate in Chojnice

Surety

For whom?	micro-sized and small enterprises from the Pomorskie Voivodeship
For how much?	without interest, commissions and other liabilities
Other conditions:	sureties up to 80% of the amount of credit capital, amount of surety up to PLN 1 million, term of the surety up to 7 years
For what?	securing credits, loans and leasing intended for investments, increasing competitiveness of a company, extending offers of products and services, gaining new markets, implementing new solutions, modernizing company’s equipment, adapting rooms used in activity, equipping or retrofitting work stations
Financial Intermediaries:	Pomorski Regionalny Fundusz Poręczeń Kredytowych Sp. z o.o., phone: 58 320 34 05 (06), ul. Szara 32-33, 80-116 Gdańsk,POLFUND Fundusz Poręczeń Kredytowych S.A. Branch in Gdańsk, customer consultant phone: 695 540 154, 58 301 02 29, ul. Piwna 1/2, room 111, 80-831 Gdańsk

Liquidity loan

For whom?	micro-, small and medium-sized enterprises from the Pomorskie Voivodeship
For how much?	interest rate basically 0% in the scale of year
Other conditions:	term of the loan up to 5 years, value of the loan up to PLN 150 thousand
For what?	current expenditures, working expenditures and investment expenditures, including e.g.: gross remunerations of staff members (including due components for ZUS [Social Insurance Institution], US [Inland Revenue Service]), repayment of trade liabilities, coverage of costs of using the infrastructure, etc., stocking up, semi-finished products, etc., expenditures necessary to ensure continuity of the Recipient’s activities and unpaid as at 1 February 2020
Financial Intermediaries:	Pomorski Fundusz Pożyczkowy Sp. z o.o., head office Gdańsk: phone: 58 302 20 05 ul. Szara 32-33, 80-116 Gdańsk, Branches: Słupsk, Bytów, Tczew, Kartuzy, WejherowoTowarzystwo Inwestycji Społeczno-Ekonomicznych S.A. Office in Gdańsk, phone: 58 717 29 57, ul. Jaśkowa Dolina 9/6, 80-252 Gdańsk