UniCredit Bank, under the Loan Agreement with the European Investment Bank (EIB) and the European Union's Support from the Economic Resilience Initiative (ERI), provides financing opportunities for companies dedicated to improving the social impact of their business and creating long-term leadership, as well as employment opportunities for various categories of women, young people and segments of the population that face greater obstacles to entering the labor market.

Loans with a minimum maturity of 2 years (the actual term of the loan depends on the technical and economic duration of the financed project) and can be used to finance projects and investments with a maximum value of 25 million euros. Each loan will be financed with 50% from EIB funds and 50% from funds provided by the Bank.

Beneficiaries:

Micro, small and medium-sized enterprises (according to the EU definition) with less than 250 employees ("SME") and EUR 50 million in annual revenue or EUR 43 million in asset value at the time of submitting the loan application;

Companies categorized as "Mid Cap" according to the EU definition)with a minimum number of employees of 250 and a maximum of 3000 ("Mid Cap") at the time of submitting the loan application

Purpose:

• Tangible asset– purchase, renovation or expansion of tangible assets, including development and planning costs during the construction phase; purchase of assets other than real estate (such as construction equipment for the purpose of leasing to third parties)
• Investments in intangible assets – research and development expenses, purchase of process licenses, software and other rights
• Working capital loans

Loan Amount:

• The maximum amount for Beneficiaries defined as micro, small and medium enterprises ("SME") is EUR 25,000,000
• The maximum amount for Beneficiaries defined as "Mid Cap" segment  is EUR 12,000,000

Repayment period:

• The minimum maturity of the loan is 2 years
• The maximum term of the loan is 7 years, including the grace period, if any

Advantages:

• Favorable interest rates compared to standard credit rates for at least 15 basis points on the EIB part of the financing;
• Reimbursement of funds (grant) on the EIB's part of the financing after repayment of the loan, for those companies that meet the agreed goals dedicated to improving the social impact