Banks and other suitable lenders usually offer lower interest rates to companies which are backed by a loan guarantee of the Technology fund.
Around 40% of all applicants received a loan guarantee in the first two operating years of the Technology Fund. The technology fund can grant loan guarantees in the total amount of CHF 350 million.
The guarantees provide a means of financing a project, without affecting the existing ownership structures. Financial capability increases remarkably when having received a loan guarantee (positive leverage effect).
Successful companies who receive a guarantee can be assured that their business concept received a positive evaluation from a team of cleantech experts.
The technology fund developed an efficient and goal-oriented application process which enables applicants to process fast.