Business loan guarantee scheme (GO)

The Business loan guarantee scheme (Garantie Ondernemingsfinanciering, GO) makes it easier for large and medium-sized companies in the Netherlands to borrow substantial amounts of money. Capital providers receive a 50% guarantee from the government. The loan guarantee term is maximum 8 years.

When do you qualify?

  • You have a healthy company.
  • Your company has its registered office in the Netherlands. The commercial activities are conducted primarily in the Netherlands.
  • Your business has reasonable profitability and continuity prospects.

How to apply?

You apply for the scheme to the Netherlands Enterprise Agency.

Growth Facility Scheme

If you have an SME in the Netherlands, you may be eligible for the Growth Facility Scheme (Regeling Groeifaciliteit), which makes it easier for SMEs to raise capital. Under the scheme, financiers who provide venture capital to SMEs receive a guarantee. If they incur a loss on the investment, they can reclaim 50% of that loss. The guarantee applies to, for instance, losses incurred on the sale of shares, the writing off of a loan, or bankruptcy. The term of the guarantee is a maximum of 12 years.

When do you qualify?

  • Your business is established in the Netherlands, Bonaire, Sint Eustatius or Saba and its commercial activities are conducted there.
  • The business plan outlines reasonable profitability and continuity prospects.

How to apply?

SMEs can apply to participating banks or venture capital companies. Financiers can contact the Netherlands Enterprise Agency to take part in the Growth Facility Scheme.

Microcredit

If you are a starting or existing business owner in the Netherlands and need credit, you may be eligible for a microcredit. Microcredit is a business loan up to €50,000. You can also apply for a SME loan (MKB-krediet), which is a €50,000 to €250,000 business loan.

When do you qualify?

  • You are a starting or existing business owner who employs less than 5 employees.
  • You conduct your business activities in the Netherlands.
  • You are over 18 years of age.

How to apply?

If you do not yet have a business plan, you can be assisted through coaching and various business tools. If you already have a business plan, you can submit your application for a microcredit directly to Qredits Microfinanciering Nederland.

Small-scale investment allowance (KIA)

If you have invested in business assets, you are permitted to deduct part of this investment from your profits. Businesses in the Netherlands that invest between €2,301 and €309.693 (2015) are eligible to claim the small-scale investment allowance (kleinschaligheidsinvesteringsaftrek, KIA). How much you can deduct depends on the amount invested.

When do you qualify?

  • Your company is registered in the Netherlands and you are liable to pay income tax or corporate income tax in the Netherlands.
  • You invest in business assets that cost more than €450.

Disinvestment surcharge

If you sell or give away the business assets within 5 years after your investment and the total value exceeds €2,300, you must repay a proportion of the allowance via the disinvestment surcharge.

How to apply?

You can deduct KIA when completing your income tax return. For further information about this scheme, please contact the Dutch Tax and Customs Administration.

SME loan guarantee scheme (BMKB)

If you have a business in the Netherlands and employ no more than 250 workers (e.g. an SME), you may in some cases be eligible for a guarantee for part of a loan. That will enable you to borrow more than would otherwise be possible based on your collateral. The bank is covered by the government’s SME Loan Guarantee Scheme (Borgstellingsregeling MKB). If you take out a 'start-up loan' of at most €266,667 at a bank as a starting business, the government will act as a loan guarantor for 67.5%.

When do you qualify?

To be eligible for a loan guarantee, you must fulfil various conditions, including the following:

  • Your business is unable to provide the bank with enough collateral.
  • Your business has favourable future prospects.
  • You are not taking out the loan for a project or investment.
  • You guarantee 25% of the loan if you, as the owner of the business, own more than half of the business’ capital.

How to apply?

Entrepreneurs apply for a loan to a participating bank. The bank can submit an application continuously.