AFIN Punte (bridge loan)
Managing entity
AFIN
Description of the fund
AFIN is Romania’s first non-bank financial institution (NBFI), offering alternative financial solutions dedicated to the social economy. The institution aims to facilitate access to finance for Romanian organisations with a social impact that have moved beyond the start-up phase and require capital to grow.
Bridge loan
Aimed at covering the financing needs generated by the gap between the payments made within the execution stages of a project financed from European funds or other private sources and the collection of non-reimbursable installments from the financing contract.
Loan term: up to 24 months
Loan repayment: correlated with the collection dates of the non-reimbursable aid from the authorities/private sources
Application process & requirements
You can apply for the loan directly on AFIN's website.
Funding Range
n/a (open call)
Type of financing