Credits and guarantees
- BMKB-C: From 16 March 2020 to 31 December 2021, the SME credit guarantee (BMKB) scheme is extended to help SMEs that are affected by the coronavirus secure bank guarantees and bridge financing.
- BL-C: For agricultural entrepreneurs, the equivalent of the BMKB-C is the Credit Guarantee scheme for Agriculture (BL-C).
- COL: Startups and scale-ups can apply for the ‘Corona-Overbruggingslening‘ (Corona Bridging Loan or COL) via the Techleap.nl website. Regional Development Companies (ROMs) supply the loans, that vary between €50,000 and €2 million.
- GO: The Business loan guarantee scheme (GO) has been extended until 30 June 2021.
- Microcredit: Entrepreneurs who have a loan from microcredit provider Qredits do not have to repay their loan for a period of 6 months. During this period, the interest will be reduced to 2%. The government supports Qredits with 6 million euros.
- Small Credits for Corona Guarantee Scheme (KKC): SMEs with relatively small financial needs may be eligible for a bridging loan of up to €50,000 under the Small Credits for Corona Guarantee Scheme (Klein Krediet Corona garantieregeling or KKC). This credit measure has been extended until 30 June 2021.
- Tozo3 and 4: Self-employed professionals can apply for Tozo, a loan to bridge the loss of income over the months October 2020 – July 2021 in the municipality where they live. Check with your municipality how to apply.
- Tozo for entrepreneurs living abroad: If your company is in the Netherlands, but you live abroad (in the EER or Switzerland), you can apply to the municipality of Maastricht for a business loan.
- Growth Facility Scheme: The intended phasing out of the Growth Facility Scheme has been extended to 1 July 2021.
- Proof-of-concept funding: Businesses that make use of the Proof-of-concept funding scheme (VFF) or the Innovation credit scheme (IK) can apply for a repayment extension. Also, no interest will be levied on the VFF.
- Export credit insurance: The government has extended the export credit insurance facility.
- DTIF: The Dutch Trade and Investment Fund (DTIF) has been extended to include pre-delivery advances.
- Temporary support for local media: New budget has been allocated for the Temporary Support for Local Media scheme. Applications can now be submitted for the period 15 September – 15 December.