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The Government of Malta has recently launched a new borrowing guarantee scheme, called Micro Guarantee. This scheme will be open to small enterprises employing up to twenty people and will be overseen by the Malta Enterprise.
The Malta Enterprise will provide loan guarantees for investment of up to €100,000. Such investment has to first be approved by ME. If application for this scheme proves to be satisfactory, the entities involved would only need to provide collateral to cover 10% of their investment.
The main conditions are as follows:
For any queries about the aforementioned issue, kindly contact Mr Joseph Gauci (Managing Partner) at: firstname.lastname@example.org or Mr Aldo Zammit (Partner) at:email@example.com or Mr Brian Farrugia (Partner) at:firstname.lastname@example.org