The EGAP Export Insurance Company is starting to receive applications to the COVID Plus Guarantee Program to help large companies that have run into difficulties due to the coronavirus pandemic.
Purpose / conditions: Loans guarantee within the COVID PLUS program are intended for businesses with at least 250 employees.Export covers at least one-fifth of their sales. The amount of the guarantee is 80% of the loan principal in the case of EGAP's internal rating "B-" is 70 %, the scale used by EGAP corresponds to the rating of S&P and Fitch.The program is not intended for companies that had existential problems before the declaration of a state of emergency.
The maximum amount of support: The loan amount is set in the range from 5 million to 2 billion CZK.The maximum amount of credit equates to 25% of the yearly company turnover.
How to apply: Online form (only in czech, please use translation extension for your browser)