Loans for entrepreneurs


Loans for entrepreneurs are targeted at young, established companies that have products and customers, but whose short history and track record makes it difficult to obtain financing.
  • The minimum amount of a loan for entrepreneurs is DKK 1 million.
  • The company can use the loan when their collateral is no longer adequate for regular financing from the bank.
  • The company must have a turnover and a customer base.
  • In order to be eligible for this type of loan, the entrepreneur must secure a minimum of 50 pct. private co-financing and will be personally liable for any outstanding debt.
  • Loans for entrepreneurs are subordinated in relation to loans and credits from banks and other secured creditors.
  • Loans for entrepreneurs entail a higher risk than regular bank loans and subsequently the interest rate on the loan is higher than for regular financing.
Loans for entrepreneurs are granted directly by The Danish Growth Fund and are a supplement to the entrepreneur's other financing.
 

The loans are supported by the InnovFin SME Guarantees Facility, with the financial backing of the European Union under Horizon 2020 Financial Instruments.
The loans for entrepreneurs benefit from a guarantee issued under the European Community’s Competitiveness and Innovation Framework Programme. Read more at europa.eu

Contact The Danish Growth Fund

Randers

Søren Grønbæk Nielsen
Senior Relationship Manager

M +45 24 29 28 29
sgn@vf.dk

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Guarantees

Do you need a guarantee or a leasing agreement? Is your collateral insufficient to obtain an agreement in your bank, guarantee institute or in your leasing company? Then we can provide you with guarantees based on the same principles as our loans. You can e.g. get a contract guarantee or a guarantee for a machine at a leasing company.

Read more about our guarantees

Danish Business Authority

Read more