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Summary sheet
- Credit lines - Credit lines
The project, which is part of the EIB's immediate economic response to the COVID-19 pandemic, will support the Polish Development Fund to cover the financial needs of SMEs and midcaps in the country that have been affected by the crisis. The whole Polish Development Fund programme is estimated to provide subsidies to 670k SMEs.
The aim is to enhance access to finance for eligible projects carried out by SMEs and midcaps under the COVID-19 initiatives. Through subsidised loans, the programme will finance the working capital needs of the target beneficiaries, which will enable them to continue running their businessess and thus maintain as many jobs as possible.
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
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