The Ministry of the Economy, Tourism and Sport and SID Bank are allocating one billion euros in loans to the economy to encourage investment and provide aid for overcoming crisis situations. Through this measure, the Ministry of the Economy, Tourism and Sport will contribute 270 million euros over several years, while SID Bank will add another 730 million euros to ensure more funds are available to businesses.
The signed agreements on the financing of loan funds PS8 and PS9, totaling one billion euros, are intended to stimulate investment in the economy and strengthen companies’ working capital at all stages of business. With this, the government has established a new, permanently available mechanism that will provide companies with quick access to loans during crises and other unforeseen circumstances beyond the control of individual companies, while also providing an incentive for business investment. SID Bank loans will be available as early as next month.
The agreements are the result of coordinating legislative changes among numerous stakeholders within the state administration and the economy, and they represent a fine example of creating an effective financial mechanism to support the economy.
Matjaž Han, minister za gospodarstvo, turizem in šport: »Milijarda evrov podpore in pomoči gospodarstvu prihaja v pravem trenutku, da gospodarstvu na eni strani pomagamo premostiti krizne šoke, na drugi strani pa spodbuditi nov investicijski cikel. Pri tem mislim tako na spodbujanje raziskav, razvoja in inovacij ter za sofinanciranje visokoproduktivnih naložb podjetij. Zaradi obsežnega prispevka države bodo podjetja prejela posojila pod ugodnimi pogoji, z moratoriji, ugodno obrestno mero in daljšimi ročnostmi. To je prava poteza v pravem trenutku, da slovensko gospodarstvo okrepimo za nove izzive s spodbudami za razvoj inovacij, za sprostitev investicij ter za likvidnostno razbremenitev podjetij.«
Borut Jamnik, predsednik uprave SID banke: »S sklenitvijo sporazumov SID banka skupaj z državo vzpostavlja stabilen in dolgoročen finančni mehanizem, ki bo podjetjem omogočil tako nujno likvidnostno podporo v kriznih okoliščinah kot tudi financiranje razvojnih, raziskovalnih in investicijskih projektov. S tem krepimo učinkovito porabo javnih sredstev ter podjetjem omogočamo zanesljiv dostop do ugodnega financiranja, ko ga najbolj potrebujejo. Ob tem bomo postali še pomembnejši soustvarjalec pri spodbujanju razumevanja in vrednotenja intelektualne lastnine, saj bo ta lahko služila kot oblika zavarovanja posojil, kar pomembno prispeva k temu, da znanje postaja vse bolj prepoznan in uporaben finančni kapital slovenskega gospodarstva.«
Loan fund PS9 – for crisis situations and unforeseen circumstances
The PS9 fund provides loans for fast and targeted financing of companies during existing or future crisis shocks at home or abroad. Companies can obtain favorable loans with longer maturities, repayment moratoriums, and more favorable interest rates. The total value of the PS9 fund is 500 million euros – the ministry contributes 150 million, while SID Bank contributes 350 million euros. Companies of all sizes are eligible, and intellectual property can also be used as loan collateral, which further encourages its use in financing business activities.
Loan fund PS8 – for investments and increasing competitiveness
The PS8 fund is focused on financing investments as well as research, development, and innovation that increase the competitiveness and productivity of Slovenian companies, and on strengthening their working capital. This financing focus is crucial in a period when investment activity has noticeably slowed down. Companies can obtain loans with longer maturities, moratoriums, and favorable interest rates. The total volume of the fund is 500 million euros – the ministry contributes 120 million, and SID Bank contributes 380 million euros. Here, too, it will be possible to secure loans with intellectual property.