- Ulica kralja Zvonimira 36a, Zagreb
- info@happtory.hr
The manufacturing modernization loan is intended for entrepreneurs who want to invest in the modernization of their own production capacities.
The purpose of the loan is to finance investments in tangible and intangible assets, such as the construction, extension, or reconstruction of facilities, and the acquisition of machinery and equipment.
The investment must be connected to at least one of the following objectives: establishment of a new business unit, expansion of capacities, diversification of production, or a fundamental change in the overall production process.
Additionally, investments in renewable energy sources, employee training, and the implementation of new or reconstruction of existing accessibility elements for persons with disabilities are also eligible.
Up to 30% of the loan amount may be used for working capital, such as raw materials, employee salaries, rent, utilities, marketing activities, and similar expenses.
A key requirement for obtaining the capital rebate (up to a maximum of 50% after the investment is completed) is to engage a certified court expert who will issue a statement confirming that the investment qualifies as a smart factory investment (Industry 4.0).
This must be stated in the Digital Transformation Plan and verified in the List of Planned Products and Solutions representing Industry 4.0 solutions.
In the case of construction, extension, or reconstruction of a building, a Real Estate Market Value Assessment Report must be submitted with the application, including the future value of the property after completion of the investment.
The complete documentation is submitted directly to HBOR.
A business consultant provides support in collecting the loan documentation, preparing the business plan or investment study, completing the required application forms, and submitting the documentation to the institution.
For the preparation of the loan application documentation, the investor must provide valid supplier offers or cost estimates for the items to be financed through the loan, the main project design and other technical documentation (permits, approvals, etc.), as well as their own financial contribution (15% to 25%, depending on the presence of state aid elements within the project), which must be used before the loan funds are utilized.
Up to 50% of the loan principal may be written off, depending on the type of smart factory investment, the level of business process digitalization, and alignment with the thematic areas of the Smart Specialisation Strategy 2029 (S3).
Micro, small, and medium-sized enterprises registered under NACE 2025 within Section C – Manufacturing (except those excluded under applicable state aid rules, ERDF regulations, and HBOR’s lending program) and that are not companies in financial difficulty.
*The applicant must have a registered business unit or branch office in Croatia no later than the moment of signing the loan agreement.
For half of the loan amount, the interest rate is 0%, while the other half carries a market interest rate (depending on the borrower’s credit rating).
100,000 – 3 million; up to 85%, or 75% of the investment value, can be financed.
up to 15 years (up to 3 years of wait period)
Pretplatite se na naš newsletter i budite informirani o novostima u svijetu poduzetništva i potpora.
