Investors can apply for a loan with low and fixed interest rate for the construction of solar parks in Greece.
The loan has a fixed interest rate from 0.35% with a duration of up to 15 years.
By this way investors could save a significant part of the loan’s total cost for the construction of solar parks.
So is is time to take advantage of this important funding opportunity to face the expected increase in the lending interest rates.
Basic financial principles of the program
The financial program of the Recovery and Resilience Facility (RRF) supports sustainable business development, and Its basic principles are the following:
- RRF offers loans with a minimum interest rate from 0.35% with up to 15-year financing term
- Maximum funding 50%.
- Participation of banks and investors (at least 30% and 20% respectively).
- Grace period of up to 3 years
- The loans will be given through RRF and the domestic banking system.
- Exclusively for private investments.
Eligible expenditures (indicative)
- Tangible and intangible assets
- Wage cost of new jobs created as a result of the implementation of the investment project
- Costs for energy efficiency measures
- Studies and consultancy services
- Purchase of Land (up to 30% of the investment plan)
- OPEX
- Working Capital
- Marketing & Communication
- Cost of capital (fees, etc)
VK PREMIUM Business Growth Consultants has many years of experience and specialization in submitting applications for grants and subsidies, with almost 100% success in the respective approvals.
For further information please contact us at: info@vkpremium.com or call us: + 30 210 6835560
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