The MDB Co-lending Business Loan offers accessible financing solutions for businesses to support their growth aspirations.
This business loan involves a co-lending arrangement between the Malta Development Bank (MDB) and APS Bank, splitting the lending responsibility equally. MDB provides a 60% portfolio guarantee applicable on the Bank’s 50% share of each lending proposal.
You can also benefit from lower interest rates, reduced collateral requirements, and longer loan terms.
This loan will support your business in achieving its ambitions by providing more favourable financial terms.
Benefits
- 3.25% p.a. variable interest rate for secured loans (this rate is inclusive of the MDB Guarantee fee, ranging from 0.89% to 0.91%)
- 3.75% p.a. variable interest rate for unsecured loans (this rate is inclusive of the MDB Guarantee fee, ranging from 0.89% to 0.91%)
- Loan amount between €750,001 and €10,000,000
- Maximum term of 15 years
- Minimum of 20% contribution of total project costs to be covered by the business
What can the MDB Co-lending Business Loan cover?
- Capital expansions
- Support and improvement to the overall operations of the business
- Realisation of new projects, penetration into new markets or new developments
- New investments, especially supporting greener and more digitally oriented economy
This product is available until 31 December 2024.
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Approved and issued by APS Bank plc, APS Centre, Tower Street, B’Kara BKR 4012. APS Bank plc is regulated by the Malta Financial Services Authority as a Credit Institution under the Banking Act 1994. Applications are subject to the Bank’s lending criteria. Terms and conditions apply and are available on request.