Banca Transilvania and EximBank have entered into the “SME Guarantee Facility” agreement, making it easier for clients to access BT financing. Thanks to this partnership, entrepreneurs have solutions available for working capital and investment financing, even if they do not have sufficient assets to meet the bank loan’s collateral coverage requirements.  

Details:

• Under the agreement, Banca Transilvania has a guarantee facility of 40 million lei provided through EximBank.
• Individual guarantees are issued in lei and cover investment loans, working capital loans and bank guarantees.
• BT’s clients can opt for loan tenors of up to 5 years for investment loans, up to 12 months for working capital loans, and up to 24 months for bank guarantees.
• The maximum amount per individual guarantee is 1.5 million lei, with a term aligned to that of the SME loan.
• The guarantee coverage is up to 80% for investment loans and up to 70% for working capital loans. The same maximum of 70% applies to bank guarantees.

Banca Transilvania has over 200,000 active SME clients. BT supports Romanian entrepreneurs through financing solutions and through facilities resulting from partnerships — such as the one with EximBank.

Banca Transilvania | EximBank

About Banca Transilvania:

Banca Transilvania is Romania’s second-largest bank by assets. Its business is organized along three main lines: Corporate, SME and Retail. BT has over 7,000 employees, almost 550 branches and 2.2 million customers. The bank’s strategy is supported by international shareholders, the European Bank for Reconstruction and Development (EBRD) and IFC – World Bank.

EximBank is a specialized institution that supports and promotes the Romanian business environment. Its specific instruments are dedicated exclusively to the corporate segment and can be accessed on advantageous terms by any type of company, whether SME or large, engaged in international transactions or focused only on the domestic market. Companies also have access to a competitive portfolio of treasury, cash management, trade finance and factoring products that complement its financing and guarantee offering. At the same time, as it acts as the state’s agent on the Romanian guarantees and insurance market, EximBank is the main channel through which public funds made available by the Romanian state are injected into the real economy.