Financing
SID Bank is Slovenia’s national development bank, providing long-term financial services that support sustainable growth and complement the market, as defined by the Slovene Export and Development Bank Act (ZSIRB).
Financing
SID Bank is Slovenia’s national development bank offering long-term financial services to support sustainable growth.
The fundamental activity pursued by SID Bank is funding market gaps, such as:
- development of small and medium enterprises and entrepreneurship,
- research, development and innovations,
- environmental protection, energy efficiency and climate change,
- international business transactions and international economic cooperation,
- regional development,
- economic and public infrastructure.
What are the financing terms?
The financing terms depend on the company’s creditworthiness, the loan amount, the loan maturity, and the collateral.
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Company headquarters
generally in the Republic of Slovenia -
Purpose of financing
investments, working capital, expansion of business domestically or abroad
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Eligible beneficiaries
micro, small and medium-sized enterprises, large companies in some cases also mid-cap companies
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Loan amount
from EUR 100,000 upwards; the upper limit depends on the specific programme -
Interest rate
favourable, often below market level;
financing from special sources such as the EIB or KfW -
Grace period on principal repayment
up to half of the loan maturity; e.g. 2 to 5 years
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Loan maturity
typically from 2 to 20 years
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Loan collateral
mortgage, bank guarantee, surety, insurance policy, etc.
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Financing share
up to 85% of eligible costs; in some cases up to 100%
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Entry requirements
2 employees
2 years of operation
Terms of financing for final beneficiaries
SID Bank's financing is long-term; ranging from 12 months up to 30 years, usually including a several months moratorium on the principal, as well as other individual terms and conditions in accordance with the purposes.
Interest rates are determined by a range that is downward limited by the EU rules concerning state aid and upward limited by commercial interest rates.
SID Bank's funds may be used to finance up to 100 percent of costs directly related to the project, including investments into tangible and intangible assets, as well as other costs, in accordance with SID Bank's terms and policies. Funds may be combined with EU funds or other public funds if there are no such limitations due to other agreements on the use of public funds.
How to obtain financing?
The majority of SID Bank's financing is available through commercial banks, which cooperate with SID Bank. In some cases, when SID Bank's financing cannot be obtained through commercial banks, the interested company or other legal entity, which meets all conditions and whose project corresponds to the intended purposes of financing, may contact SID Bank directly.
Who is eligible for financing?
- Companies of all sizes, private entrepreneurs and other private individuals, who are pursuing a professional or trade activity, as well as research and educational institutions, municipalities and other legal persons governed by public or private law and established in the Republic of Slovenia.
- Companies with at least two employees in the last business year.
- Companies that operate under the same VAT number for at least two consecutive business years.
- Companies and other legal entities established outside of the Republic of Slovenia, who are buyers of Slovene goods or services, or hold a majority ownership in a company from the Republic of Slovenia.
Areas of Financing
The financial services rendered by SID Bank support the four main purposes of development:
- The Development of a Competitive Economy and Internationalization
- The Development of a Knowledge Society and Innovative Entrepreneurship
- The Development of an Environmentally Friendly Society and Production
- Regional and Social Development
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Best Practices
Discover what companies have achieved with our financing.
