Defence Industry Support Programme

 

With EGAP insurance, companies in the defence sector
can obtain bank credit more easily.

 

What is the loan for?

✔ Acquisition of new production capacities.
✔ Reconstruction or technological innovation or automation of existing capacities.
✔ Improvement of energy self-sufficiency and efficiency.
✔ Increasing the social and environmental sustainability of production.
✔ Acquiring and protecting intellectual property.
✔ Financing of working capital related to the investment.

 

Who is the loan for?

✔ The beneficiary of the loan is a Czech export-oriented enterprise operating in the defence and national security sector.
✔ The share of exports in the revenues of such an enterprise for the last annual accounting period is at least 25 % (within an economically related group, exports through a member of the group are also recognised).
 
 

Main parameters of the insurance

  • The applicant for insurance is the financing bank.
  • The insurance cover is 80 % (i.e. the bank's deductible is 20 %).
  • The borrower is an export-oriented enterprise of any size.
  • Repayment of the loan by the borrower is insured; the insured value includes principal and interest.
  • The insurance can be used for domestic investment loans (long-term maturity depending on the type of investment, its lifetime and return) and for related operating loans (maturity usually 1 year with the possibility of extension for another year).
  • The single premium is determined by the borrower's credit rating and the length of the loan maturity..

 

Apply through your bank

Insurance product "F"

 

☎ Contact us for more information:

Ing. Michal Janků, Director of Export Credit and Investment Insurance Department
+420 222 842 354
 
Ing. Michal Pravda, Deputy Director of Export Credit and Investment Insurance Department
+420 222 842 348
 pravda@egap.cz