In times of crisis are taking various measures to improve access to commercial loans to SMEs to facilitate or to secure working capital. Below is a summary of the key measures in the latter half of 2008 and an overview of the regular credit and (tax) subsidy provisions.

1. Terms savings guarantee small business

Small businesses, including foundations and associations, may rely on the new deposit guarantee scheme. It is however conditional
A small business is eligible for the savings guarantee if:

* May publish an abridged balance sheet;
* Has an annual two successive financial years at least two of satisfies the following three requirements:

o The company has assets of less than 4.4 million euros,
o The company has a net turnover of less than 8.8 million euros and
o the company has fewer than fifty employees.

2. Guarantee Credit

The Guarantee Credit provides a business solution not sufficient regular funding is because he can give the bank sufficient certainty. With this loan, the government guarantees a share of the loan. The Ministry of Economic Affairs in connection with the credit crisis extended this guarantee.

Extension

Companies up to 250 workers get extra boost, because now for Economic Affairs ensures that companies (was 100 employees). For starters is EZ loan guarantees to 200,000 euros (100,000 was). The maximum guaranteed amount per company has increased to 1.5 million euro (was 1 million).
Netherlands there are 700,000 businesses with up to 250 employees representing 4 million jobs. EZ guarantees 745 million euros in loans that could possibly be increased to 825 million euros.

3. Microfinance

Netherlands gets a National Microfinance Network for loans to new entrepreneurs. Also there is a database of coaches who can help start a business. Microfinance is about loans to entrepreneurs to 25,000 euros in conjunction with guidance from the operator. The Microfinance Knowledge of the Ministry of Economic Affairs has the task to include the awareness and use of microfinance in the Netherlands to improve. Microfinanciering.com is a questionnaire on which an operator can see whether he is eligible for microfinance.

4. European funding for SMEs

The European Investment Bank (EIB) in 2011 to attract 30 billion euro to support SMEs in Europe in the form of new, so-called EIB loans for SMEs. The SMEs in the Netherlands currently has no access to credit because of the Bank in the Netherlands so far no banks that SMEs provide this facility. Rabobank and ING said the EIB to talk.

5. Venture capital scheme

The scheme "in venture investing" (Agatha regulation) is to finance business plans and initiatives to encourage start-ups.

6. Innovation Credit

The Innovation Credit, the successor of the Challenger Credit is a credit risk for the financing of development projects with great commercial potential but have high technical risk. The projects focus on developing new products, processes or services. The Innovation Credit reduces the financial risk for the entrepreneur: the project fails, then the Innovation Credit need not be repaid. Further information: innovation credit.

7. Growth Facility Arrangement

The Growth Facility Arrangement, the financial assets of SMEs to help strengthen a government guarantee for additional equity. Such a buffer is need for access to the regular credit market.

8. Techno

A Techno young SME company products, processes and / or services (not advice) sells or supplies based on a new technical invention or a new application of an existing technology. Often they get around their financing difficulties. But there are additional opportunities to the ideas of these starters still a chance.

9. Self assistance

Under conditions a person may appeal to the self Decision Assistance (BBZ). The BBZ has various possibilities of assistance to start-ups and self (ZZP'er) in different situations.

10. Promotion Research and Development (WBSO)

The Research and Development Promotion Act (WBSO) is a tax incentive that a part of the (wage) costs for research and development (R & D), similar to Research and Development, can be compensated.

11. Grants

There are over 300 types of grants specifically aimed at SME entrepreneurs. It may state, national or European grants. Senter Novem is the agency of the Ministry of Economic Affairs responsible for the handling of these subsidies. See the find pointer.

12. Venture capitalists

Another way to get funding is to make use of holding companies. These companies buy shares in the company and the firm to provide money to carry out plans. Of course it helps them get a say in the company. They do mainly short-term investments with high returns. Venture capitalists are also interesting for fast growers. More information about holding companies is on the site of the Dutch Association of Venture capitalists.

13. Regional Development Agencies

The regional development agencies (ROM's) focus on innovative SMEs in industry and services. The so-called ROM's can help the entrepreneur by buying shares in the company. The shareholders are the Ministry of Economic Affairs and the provinces.

14. Agricultural subsidies

The Ministry of Agriculture, Nature and Food Quality in the opening Decision LNV-subsidies in 2009 opening, grants of all data published in 2009. Ranging from subsidies to investments in energy saving innovation in dairy farming.

15. Random depreciation (environmental investments)

Write off the investment business in the years when he used the asset. But under certain conditions may start randomly write off their assets. Some environmental investments are eligible for the scheme VAMIL. The VAMIL allows for free choice to write on an investment.

16. Credit for exporting SMEs

Funding is a major bottleneck in the realization of export ambitions. The credit application is well prepared, a trader increases his chances to finance an export plan.

17. Environmental investment deduction (MIA)

An entrepreneur is eligible for environmental investment deduction as he more than 2100 C has invested in assets that contribute to a cleaner environment and prevent the Environmental List. Some costs of environmental advice to the investment of those environmental investments are counted. The operator must submit a request to his declaration.

18. Energy investment (EIA)

The EIA is a tax deduction, which provides a direct financial benefit to businesses that invest in energy saving equipment and sustainable energy.

19. Investment deduction

Independent entrepreneurs can claim investment allowance. The most general investment allowance is the small scale investment allowance.

20. Family

Last but not least: the SME entrepreneur can borrow money from his family. To encourage entrepreneurs, the government has a number of tax arrangements allowing families to borrow more attractive.

[Source: Editorial Square +]

• Written by www.azOOmer.co.cc.
• In category Other.
• 15 years ago.

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