UniCredit Bank Subsidy Pre-ﬁnancing loan for EU funds: pre-ﬁnancing the funds and, if necessary, the refundable VAT in a simpliﬁed procedure, following the schedule of investment implementation, so helping applicants to bridge the period between submitting the invoices and their payment. It also means that it is possible to withdraw the loans within the credit facility at the same time of submitting the invoices to the Paying authority.
The amount of the loan generally makes up maximum 80% of the funds awarded and included in the Support contract. In the case of involving additional collateral the extent of ﬁnancing might be even higher. The concrete amount of ﬁnancing is deﬁned according to the qualiﬁcation of the client and depending on the collateral level.
It means bank co-ﬁnancing to supplement awarded EU or national funds from – we offer long-term HUF and foreign currency loans at preferential rates with maturities aligned to recovery on development.
It can be combined with the following subsidised loans:
If it is necessary for the application, the bank issuing a bank guarantee required by the Awarding Entity as a surety for applications requesting non-refundable funds.