How to apply for an interest subsidy
Direction de l'Expansion Économique
9 rue du Gabian
MC 98000 MONACO
Mr François-Xavier LE CLERC :
(+377) 98 98 19 20
Fax : (+377) 92 05 75 20
Opening Hours : from 9h30 to 17h00 from monday to friday
Principle and conditions
Companies located in the Principality that are financing a structural investment with a bank loan can request an interest subsidy for this professional loan.
This subsidy reduces the bank-applied interest rate by 2 or 3% for the entire duration of the loan, with a lower limit fixed at the EURIBOR rate +0.75% (see Banque de France for current EURIBOR rates).
Collating the documents
Documents to be provided:
- A letter detailing the subject of the loan request
- A financing plan for the investment
- The loan contract from the financial institution or bank
- The loan repayment schedule
Contacting the Business Development Agency
Please contact the Business Development Agency for any information regarding applications for an interest subsidy.