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Soft Loan Financing

The Austrian Authorities provide i.e.  soft loans, based on OECD criteria for emerging markets. Graze period up to 5 years and repayment credit length up to 20 years, can be achieved for governmental projects. Specialized feasibility studies have to be prepared for these non viable projects.
> Soft Loans = Credit with a minimum grant element of 35% and max. 80 % for countries that classify for an officially subsidized export credit according to the established guidelines, for the purpose of Realisation of predominantly social projects in beneficiary countries as well as Export promotion in donor countries.
> GNP (Gross income per capita < USD 3.030 p.a.)
> commercial non-viability ( hospitals, training centre
> Notification obligation: 30 bank days period for objection, Validity of 2 years for interest rate and tenor Commercial non-viability (OECD criteria)
> Eligible for development aid (Report to Austrian Ministry of Foreign Affairs)
> Relevance for industrial policy (Report to Austrian MoF)


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