Covid III Invest: what is it?
Czech banks have decided to launch the Covid III Invest program, a program designed to facilitate financial investment by companies in the Czech Republic. Here are all the details of the program.
To whom it is addressed and how it works
Covid III Invest is aimed at individuals, entrepreneurs, and all small and medium-sized companies with fewer than 500 employees who are willing to make financial investments and who reside in the Czech Republic. Commercial banks will provide soft loans to companies. While to take care of the management of the program it will be the Institute of Credit of Guarantee and Development Bohemian-Moravo.
Covid III Invest: details
A further advantage will also be obtained by obtaining a state guarantee of up to 90% of the total amount received by the bank. The loans that companies or entrepreneurs will be able to receive will reach a maximum of 90 million Czech crowns. For more information please refer to the official page.
Source: CAMIC
