Loans to the tourism industry in Eastern Poland will help companies survive the COVID-19 pandemic crisis
12 May 2020, Author: Zbigniew Dąbrowski
Changes in the Entrepreneurial Instrument of Eastern Poland – Tourism is reply from the Ministry of Funds and Regional Policy and the Bank National farm for the crisis associated with the COVID-19 pandemic, which the tourism industry is particularly acute. Support will help businesses liquidity and maintain jobs, thereby reducing the negative impact of the epidemic on the tourism industry in Poland Eastern. Companies that pay off loans from the Entrepreneurial Instrument of Eastern Poland – Tourism.
Tailor-made loan
The loan, up to PLN 500,000, can be used in full to cover turnover expenses, i.e. related to the current activities, for example to cover expenditure on remuneration employees, utility fees, insurance, land rental costs purchase of goods.
Additional facilities include;
- repayment period of up to 84 months (previously possible after certain conditions) has been met),
- no required own contribution,
- 6-month standard credit for repaying capital instalments from possibility of extending for another 6 months or 6 months holiday credit agreements, i.e. the suspension of the obligation to repay a capital instalment or capital and interest rate,
- interest rate reduction (up to 0%).
Where to get a loan?
Loans, under an agreement with the Bank of the National Farm, are
funding institutions. In the Warmia-Mazury region – Działdowska
The Agency for Development SA, in lublin province is the Lublin Foundation
Development, in the Podkarpackie region – MARR Regional Development Agency
SA, podlaskie – Eastern Fund Sp. z o.o., in
Świętokrzyskie Province – National Association for The Promotion of
Entrepreneurship.
More information can be found on the Bank of the National Farm website and on the websites of the funding institutions.
Enterprising Eastern Poland
Entrepreneurial Instrument Eastern Poland – Tourism is a means of national countries at the disposal of the Minister of Funds and Regional Policy, manages the Bank of the National Farm, and distribution in finance institutions. The instrument supports micro, small and medium-sized enterprises active in the tourism and tourism industry to invest in Eastern Poland. Total the instrument's budget is PLN 200 million. So far, the support of more than 400 companies. Loans will be granted by 2026.
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