Investment credit
Investment credit enables Czech investors to obtain long-term credit facility for investment abroad.
How it works
Pictogram Legend:
- Credit agreement conclusion after negotiation of investment plan and form of investment
- Insurance policy covering investment risks*
- Investment credit
- Utilization of funds from investment credit in accordance with investment plan authorised by ČEB
- Credit repayment from revenues generated by executed investment
Pictogram Legend:
-
0. Ownership
-
1. Credit agreement conclusion after negotiation of investment plan and form of investment
-
2. Insurance policy covering investment risks*
-
3. Investment credit
-
4. Credit repayment from revenues generated by executed investment
* Pursuant to the amendment of Act No. 58/1995, EGAP insurance is no longer a condition for the provision of supported financing. Depending on ČEB requirements, some other form of security may serve as a substitute for EGAP insurance.
Basic characteristics
- Financing establishment of a company abroad or extension of a foreign company with Czech participation
- Minimum repayment term set to 3 years
- Interest rate – fixed rate CIRR or its equivalent based on market interest rates (LIBOR, EURIBOR etc.)
- EGAP insurance - "I", insured party – investor or ČEB
- In compliance with Rules for State-supported Export