The Growth Fund

​Growth loans

Target group

Growth loans are targeted well-established SMEs that are to make large investments, expand the business, or are facing a change of ownership.  

Terms

Growth loans must be of at least 2 million DKK and granted in addition to the company’s additional financing. The starting point for growth loans is that they are subordinated loans from banks and other secured creditors. Therefore, the interest on growth loans will also be higher. As a rule, the term of the loan follows the assets’ expected lifetime. 

Responsible Loans

Target group

Subordinated Loans are targeted at healthy, established businesses with growth ambitions. The loans are a cross between debt capital and equity and aims to strengthen the capital base of companies that can enable additional financing from banks. The Responsible Loan must therefore be part of an overall financial settlement in which the company also obtains regular loan capital from e.g. a bank.

Terms

The Subordinated Loan must be at least 3 million DKK. The increase in risk, which the Growth Fund bears by the lack of security, is offset by a higher interest rate. The loan period is 6-8 years with two years of repayment freedom. 

Small Growth Guarantees

Target group

Small Growth Guarantees are targeting companies with less financing needs and with insufficient collateral to obtain the desired loan.

Terms

The scheme is managed by the banks. With the guarantees, the Growth Fund covers any loss that banks may have in connection with loans to businesses. It applies to the guarantees that they as a maximum must cover 75 percent of the funding of up to 2 million DKK on the individual loan, and a maximum of 20 percent on the portfolio of the individual bank. 
 
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