The translations of changes on PES 5 are in progress.

moneyCOVID III guarantee program for companies affected by coronavirus (from the Czech-Moravian Guarantee and Development Bank)

Support by a guarantee for the operating bank loans of entrepreneurs (self-employed and companies) up to 500 employees. The maximum loan is CZK 50,000,000.


The provision of guarantees to entrepreneurs from the COVID III program is extended until at least the middle of the next year. It will be possible to apply for guarantees up to 6 years from the date of the loan agreement.


The program supports fast lending for operating and now also for the investment costs of companies through commercial banks. The guarantor is the Czech-Moravian Guarantee and Development Bank (ČMZRB). The state then provides a guarantee for ČMZRB debts arising from this guarantee.

Provision of guarantees:

  1. Up to 90% of the principal of a guaranteed loan for companies with up to 250 employees.
  2. Up to 80% of the principal of a guaranteed loan for companies with 250 to 500 employees.
  3. The maximum amount of the guaranteed loan may not exceed CZK 50,000,000.
  4. Liability period for a maximum of three years.

You are applying for a loan from one of the cooperating banks, find the list of them here.

The loan can be used to cover operating expenses, such as wages, rents or payments for energy, as well as to pay supplier-customer invoices, acquisition of inventory, materials, etc.

You can find a list of supported activities here.

The loan is decided by the cooperating commercial bank that receives the application. Unlike in the COVID I and II programs, ČMZRB will not be entering into the approval process, which will speed up the process of applications.

More information here.

Regarding the use of COVID III for investment loans - we will provide information soon.


If you have an acute legal problem, you can contact the free telephone consultation on this website

Related links and sources