The guarantee offer under the Creative Europe program is available for entrepreneurs from the cultural and creative sectors. At the beginning of the year, BGK withdrew from charging the commission due for granting the guarantee until June 30, 2020.
The guarantees secure up to 80% of the loan amount in the maximum amount of PLN 8.4 million. Guarantees may be granted for a period of 99 months in the case of investment loans and 27 months in the case of working capital loans.
The entrepreneurs can apply for the loan with guarantees dedicated for enterprises from the cultural and creative sectors in 5 banks. Creative Europe guarantees are granted on the basis of de minimis aid.
For more details please go to the website: https://instrumentyfinansoweue.gov.pl/finansowanie-dla-beneficjentow/