FINANCING INVESTMENTS FROM THE NRPP FUNDS

Guarantees for entities of medium market capitalisation and large business entities

Guarantees from the NRRP funds are issued for investments by entities of medium market capitalisation and large business entities financed by commercial banks, leasing companies or HBOR. Depending on the type of investment and state aid rules, it is possible to provide guarantee coverage of up to 80% of the placement principal, subsidisation of the guarantee fee of up to 100% of the amount and subsidisation of interest per placement up to 75% of the amount.

The guarantees are intended for investments in green and digital transition, for investments in special areas of the Republic of Croatia, for investments in projects based on research, development and innovation or investment in research, development and innovation (as special target groups), and for all other investments with the aim of increasing competitiveness and resilience.

 

Due to the fact that the funds have currently been exhausted, the receipt of applications has been suspended for Special SME Segments Investments under the National Recovery and Resilience Plan (NRRP) and for interest rate subsidies under the National Recovery and Resilience Plan (NRRPO) for the private sector, i.e. for loans to micro, small and medium-sized business entities and for loans to entities of medium market capitalisation and large business entities.

All information about the continuation of subsidised lending under the NRRP will be provided on HBOR's website in due time.

Special SME Segments Investment under the National Recovery and Resilience Plan (NRRP)

Direct loans from the NRRP funds are intended for start-up entrepreneurs (up to 3 years of operations), young entrepreneurs (up to 40 years), companies owned and/or managed by women, entrepreneurs investing in special areas of the Republic of Croatia (assisted areas in accordance with the development index, hill and mountain areas and the islands) and entrepreneurs investing in the commercialisation of  research, development and innovation-based projects (RDI projects).

Interest rate: 0.4 % or 0.8 %

• for projects that are mostly focused on green or digital transition and commercialisation of RDI projects - 0.4% p.a.
• for other investments in competitiveness and resilience - 0.8 % p.a.

Loans are approved without charging the loan application processing fee and without charging the commitment fee, with a repayment period of up to 15 years, which includes the possibility of a grace period of up to 3 years. more...

Subsidy of up to 75 percent of regular interest rate

Loans for entities in private sectors with subsidised interest rates are made available under the following HBOR programmes for financing investments: Private Sector Investment, and EU Projects

Interest rate: reduced by up to 75 %

• for investments in green transition or digital transition projects, interest rate for borrowers can be reduced by up to 75 %,
• for investments in special areas of the Republic of Croatia and investments in RDI based projects - by up to 65 %,
• for other investments to increase competitiveness and resilience - by up to 50 %