APS Bank and the Malta Development Bank (MDB) have introduced the MDB Co-lending Business Loan as part of the Guaranteed Co-lending Scheme (GCLS), designed to offer accessible financing solutions for businesses to support their growth aspirations. This business loan involves a co-lending arrangement between the MDB and APS Bank, splitting the lending responsibility equally. Moreover, the MDB provides a 60% portfolio guarantee applicable on the Bank’s share of each lending proposal.
Businesses that take advantage of this opportunity can benefit from flexible loan options. Loan amounts can range from €750,001 to €10,000,000, with a maximum repayment term of 15 years. The variable, all-inclusive interest rates start at 3.25% p.a. for secured loans and 3.75% p.a. for unsecured loans. Additionally, there are no extra MDB Guarantee fees beyond the all-in rates, which include fees of 0.89% for secured loans and 0.91% for unsecured loans.
Zoltan Horvath, Head of Propositions stated, “The MDB Co-lending Business Loan offers a gateway to diverse growth opportunities for businesses, fuelling capital expansions, operational efficiency, innovation for new projects and market penetration, and facilitating investments towards a greener and digitally driven economy.”
More information is available on apsbank.com.mt/mdb-colending-business-loan/
