Working Capital Loan for SMEs - Export Fund Loan

The working capital loan "Export Fund Loan" from Oesterreichische Kontrollbank Aktiengesellschaft is aimed at small and medium-sized enterprises (SMEs) according to the EU definition with fewer than 250 employees, up to €50 million in annual turnover or €43 million in total assets, which export goods or services or act as suppliers to exporting companies. As a revolving framework loan, a financing volume of up to 30% of the previous year's export turnover (also up to 30% with justified, sustainable export turnover expectations) can be granted; tourism businesses receive up to 14%. Interest is determined quarterly based on the Kontrollbank refinancing framework. A risk assumption by the Republic of Austria through a bill guarantee covering up to 80% of the credit risk creates additional scope with the house bank. A prerequisite for risk assumption is an Austrian value-added share of at least 25%, with gross profit relative to turnover and number of employees being decisive. Factors such as creditworthiness, domestic value creation, and sustainable export turnover expectations are included in the assessment.

Applications are submitted exclusively through the house bank during the funding period from 01.03.2024 to 31.12.2040. Required for submission are: the completed framework loan application form, declarations from the borrower, the exporter's bank credit statement, the form for calculating indirect export turnover, as well as the financial statements of the last two fiscal years and current actual figures. Working capital used to finance export activities is eligible for funding. This offer combines low interest rates, flexible repayment terms, and an uncomplicated process with sustainable liquidity security for export-oriented SMEs. Interested companies can obtain detailed information on conditions and the application process from their house bank or via OeKB customer advisory services.