Product of the month- Garantiqa tender guarantee

Garantiqa Tender Guarantee -a guarantee offered by a guarantee organisation- is a service available for all small- and medium-sized enterprises applying for European Union subsidies exceeding a total of 10 million HUF and obliged to provide collateral. This new service may be requested for the investment, development subsidy announced in the frame of the New Hungary Development Plan and any of the Operational Programs of the New Hungary Rural Development Plan, and in the frame of the I. National Development Plan Economical Competitiveness Operational Program.

Garantiqa Hitelgarancia Zrt. with the Garantiqa Tender Guarantee undertakes the obligation that in the case a payment obligation arises in relation to the repayment of a European Union subsidy – because the content of the subsidy contract was failed to be delivered or not accurately delivered –, Garantiqa Hitelgarancia Zrt. shall deliver instead of the applicant to the cooperating organization.
Besides bank guarantee, real estate mortgage and services offered by another guarantee organisation, the Garantiqa Tender Guarantee means a new alternative for SMEs applying for European Union resources.

Advantages:

• Favourable terms and conditions: in the case of annual fee payment a guarantee fee of 1,5 to 2 %, in the case of fee payment in one amount further significant discounted rates.
• Direct partnership: services directly available for clients, where the applicant submits the request related to the guarantee directly to Garantiqa Hitelgarancia Zrt.
• Stability and safety: it is such a new service provider product, which already proved during its 15 years’ history.
• Flexibility and modernity, with our cooperation our partners and clients are able to maximally utilise the opportunities offered by the economic growth and the European Union.