GO-C scheme goes live on 29 April

News item -

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 website of the Dutch Ministry of Economic Affairs. 


Join the discussion

ABN AMRO would like to know your opinion, so below this article you can react to this article via Disqus. By doing so, you agree to the conditions for reacting to articles on our website.

Related news items

More news about ABN AMRO

Related news items