Only a few days old, the BOV 4 SMEs Financing product is designed to support local SMEs in realising their capital investment projects. This limited offer brings together affordable financing and expert assistance, corroborating Bank of Valletta’s commitment to support this important economic sector.

Designed with a very attractive hybrid pricing mechanism, this product incorporates a fixed rate of four per cent for the initial four years, followed by a highly competitive interest rate thereafter. This incentive has been possible because the bank was successful in tapping funding from the European Central Bank Targeted Longer-Term Refinancing Operations (TLTRO).

Under this limited offer, SMEs can apply for financing of up to €700,000. Loan term depends on the type of asset being financed and can go up to 10 years. This product can be used to finance investments in both tangible and intangible assets, and related initial working capital requirements.

Through this package, the bank will encourage investment in innovation, technological developments, renewables and other regeneration initiatives earmarked to ensure competitiveness and sustainable growth.

The BOV 4 SMEs Financing Product complements the BOV Start Plus Package, which is specifically designed to facilitate access to financing for start-ups and micro-enterprises.

Thus Bank of Valletta continues to position itself as the Bank of Choice for SMEs, providing credit responsibly while seeking the appropriate financing solutions that assist this segment in growing its potential.

Bank of Valletta plc is a licensed credit institution by the Malta Financial Services Authority. Terms and conditions apply.