Other sources of SME finance
Besides LRM there are currently also attractive government initiatives on the market such as the PMV guarantee scheme and win-win loan and some opportunities for finance from the federal Participation Fund. Below you will find an overview of a number of these initiatives.
LRM’s solutions complement these initiatives and act to reinforce them.
Participatie Maatschappij Vlaanderen
|
|
Win-win
loan |
Guarantee
scheme |
Growth
Mezzanine |
| Who it's for |
Self-employed
(or trading
company) |
SMEs |
SME or BE |
| Form |
Deferred
loan |
Flemish
Government
acts as
guarantor for
part of the
loan |
Deferred
loan |
| Amount |
Max. 50,000€ |
Max. 75% of
amount of
loan with a
max. of
500,000€ per
SME as
standard |
Min.
250,000€
and max.
5 million €
|
| Term |
8 years |
Max. 20
years |
7 years
(max. 10) |
Introduction
via |
Enterprise |
Banker
(standard) |
Enterprise |
| Remuneration |
Between 1/2
statutory interest
rate & statutory
interest rate |
Premium
(payable in
advance):
linear 0,5%
per year
x sum
guaranteed |
Minimum
return of
8% |
| Other |
Tax advantage |
|
Share
component |
For further information go to www.pmvlaanderen.be
Participatiefonds
|
|
Starteo |
Optimeo |
Initio |
| Who it's for |
Start-ups
(< 4 yrs self-
employed in
main occupa-
tion) |
All other
self-employed,
liberal profes-
sions and small
firms |
All self-
employed,
small firms
and liberal
professions |
| Form |
Deferred loan
Co-financing
bank |
Deferred loan
Co-financing
bank |
Deferred loan
Co-financing |
| Amount |
Max. 250,000€
+ limited to
amount granted
by the bank
4 x own contri-
bution |
Max. 250,000€
+ limited to
amount
granted by the
bank
3 x own contri-
bution |
Max.
100,000€ +
limited to
50% of sum
invested and
5 x own
contribution |
| Term |
5, 7 or 10
years |
5, 7 or 10
years |
3, 5 or 7
years |
Introduction
via |
Banker |
Banker |
Accountant |
| Remuneration |
Interest rate
bank overdraft
-1,25% (min.
Belgian Prime)
Reduced
interest
rate 3% for
2 years
|
Interest rate
bank overdraft
-1,25% (min.
Belgian Prime)
Reduced
interest rate
3% for 2 years
|
3% 1st year,
after which
Belgian Prime |
| Other |
Sometimes
personal guaran-
tees or collateral
Own
contribution:
min. 10% of
investment
|
Sometimes
personal
guarantees or
collateral
Own
contribution:
min. 10% of
investment
|
Sometimes
personal
guarantees
or collateral |
For further information go to www.fonds.org