The Finnvera loan is intended for both new and existing SMEs to finance domestic construction, machinery and equipment investments, energy and environmental projects, working capital needs and various ownership arrangements.
The entrepreneur loan is an entrepreneur’s personal loan that can finance investments in the share capital of a limited liability company and / or in the invested unrestricted equity fund. The Enterprise Loan can also finance the purchase of shares of an already operating company.
Silvicultural financing means Finnvera’s working capital loan to cover the need for working capital of the company between the ELY Center or Tekes’ favorable grant decision and the payment of the grant.
The internationalization loan is intended to finance a Finnish SME’s business abroad.
Bond financing is suited to the general financing needs of companies such as investments, expansion and development or financing needs.
Finnvera can provide growth lending for the financing of major growth or internationalization projects and corporate arrangements for SMEs and midcap companies.
The Export Credit Loan is intended to finance the export receivables of a Finnish investment firm.
Export credit guarantees
With a credit risk guarantee, an exporter can insure his export transaction for credit losses. The guarantee can be granted for a single export trade or as a limit for continuous deliveries.
The Export Guarantee Guarantee is intended for short-term export and allows the exporter to insure claims against a foreign buyer for credit losses.
Loss Guarantee Guarantee protects the bank from credit risks when the exporter sells its invoicing invoices for foreign trade to the bank. Warranty typically applies to continuous deliveries or a single transaction with a short payout period.
The buyer loan guarantee is a security for the lender from a foreign buyer, a buyer’s bank, or credit risk from a buyer’s country.
The bill of lending guarantees the bank against credit risks in bill financing. The guarantee allows for bank financing in an export transaction where the bill of credit is a bribe.
The reimbursement guarantee protects the bank against this from the commercial and / or political risks associated with the export reimbursement.
The banking guarantee protects the domestic export company’s bank from the risks associated with the bank guarantee provided by this exporter for the payment of the purchase price. The guarantee is granted to a bank which grants to the exporter a bank guarantee to which the bank receives a buyer’s bank’s counter-commitment. Warranty is a product that is cumbersome for foreign bank risk, such as a credit guarantee.
With investment guarantee, a Finnish investor can insure a foreign investment against political risks. Guarantees for political risks are usually 95%, except for 100% for investment bank guarantees. In specific cases commercial risks can also be insured.
With the back guarantee, the exporter can assure foreign buyer guarantees, such as bids, advance, delivery and liability. The Exporter may cover the Guarantee without any unjustified (Guarantee 90%) or Policy Incident (Guarantee 95%) Deprivation Risk. The guarantee may act as a counter-guarantee to a bank which issues a guarantee to the foreign buyer on behalf of the exporter. In the event of compensation, Finnvera will recover the compensation paid to the bank in full from the exporter.
The financial guarantee is a guarantee for the export credit granted by the exporter. It protects the creditor from the risks associated with credit repayment. The exporter’s guarantee helps export security financing arrangements.
Raw Material Guarantee (Import Guarantee) may be granted as a security for a loan granted to a foreign debtor in connection with a long-term supply contract.
The purpose of the refinancing guarantee scheme is to facilitate the financing of banks using Finnvera’s buyer credit guarantees and thereby increase the sources of export finance funding.
The initial guarantee helps the company to receive funding from the bank for various investment and working capital needs. The initial guarantee is intended for start-up companies of the EU SME definition, which have been registered for up to three years in the Trade Register and whose owners are natural persons.
The initial installment is a security for a Finnish shipbuilding or shipbuilding business. It can be granted to companies regardless of size or ownership.
The Finnvera guarantee is intended as a guarantee for various domestic financing needs of SMEs, such as investments and / or working capital, and funding for business or corporate acquisitions. It is suitable for small and medium-sized enterprises, and on special grounds for large companies.
The internationalization guarantee is intended to cover the financing of a Finnish SME’s business abroad. The internationalization guarantee may not exceed 80% of the amount of credit or other financial commitment.
With the export guarantee, the exporter can get the bank from the time of manufacture for export or post-delivery working capital financing. The export guarantee can also be used as a counterpart to the bank during the delivery periods to a foreign buyer (guarantee period, advance payment, delivery and warranty period).
Environmental guarantees can be granted as collateral for credits used for environmental protection investments, renewable energy projects or energy efficiency projects. The environmental guarantee is primarily intended for large companies throughout the country.
Venture capital investments
Finnvera’s venture capital operations focus on the development, upgrading and disbursement of existing investments. Initial investments in early stage companies are no longer done.
According to the guidelines made by the Ministry of Employment and the Economy, the responsibility for development of early-stage venture capital investment by Finnvera has been transferred to Tekes Venture Capital Oy. According to Finnvera’s Board of Directors, Finnvera is gradually and in a controlled manner dispossessed of venture capital investment.