Hungarian Eximbank offers leasing product for new exporters
Magyar Eximbank said on Monday that it is launching a new leasing product for future exporters as part of the Demján Sándor Programme for scaling up SMEs.
Eximbank’s new leasing product
The “Future Exporters Leasing” product offers open-end or closed-end leasing financing, with a fixed, subsidized interest rate for the entire term, which is capped at five years. The annual interest rate is between 3.75-5.75pc in euros and 5.2-7.2pc in forints.
The product provides support to small, medium and large enterprises with headquarters or branches in Hungary that are looking for flexible and favourable interest-rate financing solutions to increase their competitiveness. Financing can be used for the purchase of technical and other equipment, machinery, tools and commercial vehicles.
EXIM Hungary said it received a total of HUF 81.9bn in loan applications from Hungarian companies in about two months through the Demján Sándor Programme.
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