GO-C scheme goes live on 29 April
- Products and services
There are various schemes to borrow money for companies that have been impacted by the coronavirus crisis. In addition to the SME Credit Guarantee (Coronavirus Facility) Scheme (“BMKB-C”) scheme, which is already available, the Corporate Finance Guarantee (Coronavirus Facility) Scheme (“GO-C”) will also go live on 29 April. The GO-C carries on where the BMKB-C stops.
Under the BMKB-C scheme, companies suffering under the impact of the coronavirus crisis can take out a state-guaranteed loan of up to 1.5 million euros with their bank. The GO-C scheme covers values from 1.5 to 150 million euros. Depending on the company’s revenue, the Dutch government guarantees 80% or 90% of the loan.
To find out more about the GO-C scheme and updates to other government measures, visit the of the Dutch Ministry of Economic Affairs.