OREANDA-NEWS. December 02, 2011. For this purpose, KredEx offers technology loan to finance purchase of machinery and other equipment. The subordinated loan mechanism is simple – KredEx helps to cover the own financing necessary to take out a loan or a leasing contact from a financial institution (up to 40% of the cost of the project) and enables the enterprise to invest in technology even if it does not have sufficient liquid resources for the necessary own financing, reported the press-centre of Nordea.
 
Technology investment is an investment in tangible and related intangible assets due to company expansion, production diversification or reorganisation.

The target group for the subordinated loan intended for technology investments includes companies with export potential in the fields of industrial processing, mining, energy production, transmission and distribution, as well as waste disposal and processing.
 
If you wish additional information on the KredEx technology loan, don’t hesitate to phone our corporate hotline 1773, send an e-mail to firma@nordea.com or visit the Nordea office closest to you. Additional information on the technology loan may also be found on KredEx website at www.kredex.ee.