IMM Factor supports access to finance for SMEs, by providing state guarantee facilities for short-term loans to finance commercial credit.
The program consists of providing state guarantees in favor of each beneficiary eligible for regressive factoring financing. The financing is granted by the banks enrolled in the program, based on the invoices, within a renewable financing ceiling, guaranteed by the state, through the Ministry of Public Finance.
The period of validity of the state aid scheme, provided in ch. II of GEO no. 146/2020, respectively the period in which the beneficiaries are selected and guarantee contracts / related financing agreements are issued, is comprised between the date of entry into force of GEO no. 15/2021 (March 11, 2021) and June 30, 2021.