Procedure SME instrument

For projects for which  this support is applied for, companies must compile a dossier on the basis of  a questionnaire. The economic aspects of the project and its relevance for development can be examined on the basis of this questionnaire.  

A Credendo questionnaire has to be completed simultaneously and transmitted to the Finexpo Secretariat.     

The Finexpo Committee will examine the dossier and deliver an opinion to the Minister for Foreign Trade. The minister will then decide whether or not to grant an interest rate subsidy.

The commercial contract cannot be signed before the treatment of the demand for this instrument by the Council of Ministers.

 
Promissory note

The minister’s favourable decision takes the form of a promissory note, which is a document that is sent to the bank and/or the exporter and guarantees state intervention for a period of one year, twice renewable (i.e. three years altogether).

 
Ministerial decree

If the transaction is concluded within this three-year period, a Ministerial Decree is assigned to the exporter’s bank to formalise the granting of this support.
 

 
Finexpo