Exposure and country export data

• Insure North Macedonian exporters against non-payment by domestic and foreign buyers
• Eligible beneficiaries are North Macedonian companies that sell goods and services
• Term: Up to 360 days
• Covered risks: Commercial and political
• Products: Pre- and post-shipment cover for receivables
• Application fee: EUR 75 for exports; MKD 1,800 for domestic cover
• Premium rate may be at least 0.24%, and not more than 1.32%

• Working capital for pre-shipment export finance transactions or bridging the period between export and collection of payment from the foreign buyer
• Eligible borrowers are export oriented trade companies registered in the Republic of North Macedonia, whose capital is more than 51% privately-owned
• Eligible intermediary banks listed on website
• Financing modalities: The loan is provided through commercial banks or MBDP directly
• Coverage:
• 85% of the exports
• 15% down payment by export
• Minimum and maximum financing size:
• Through commercial banks: Between EUR 15,000 and EUR 2 million
• Through MBDP directly: Minimum EUR 15,000; maximum EUR 1 million
• Repayment tenor: Up to 2 years; payments made as agreed with MBDP
• Interest: Fixed rate of 6%, or floating
• Transaction fee: Up to 1% one-time fee
• Exclusions:
• Production and export of weapons
• Gambling and related equipment
• Activities which have adverse impact on environment
• Cloning
• Collateral:
• Mortgage of property
• Pledge on movable assets, receivables, securities, and insurance by MBDP

• Factoring enables the sale of goods and services with deferred payment, while part of the invoice value is received in advance
• Eligible: MBDP buys invoices and advances payment of 80% of the invoice
• Term: Up to 180 days deferred payment terms
• Cost of factoring:
• Interest rate of 3.2% per annum on the advanced payment amount
• Service charge of 0.25% on the total invoice amount

• SME financing up to EUR 3.5 million and tenor up to 24 months with an interest rate of 5.5% p.a.; proceeds used for working capital, purchase fixed assets, and investment in intangible assets for business growth
• SME Priority loans up to EUR 6 million and up to 24-month tenor to support knowledge base sectors of the economy such as energy, technology, industry, and tourism
• Agricultural funding for exports up to EUR 300,000 at 5.0%–6.5% interest
• Loans for production, processing, and export of agricultural products
• Microfinancing up to EUR 50,000
• Sustainable energy sources project financing for energy efficient and renewable projects up to EUR 3 million, up to 12-year tenor (with 2-year grace period) and interest rate up to 6%; participant bank fee up to 1% of the loan amount
• Interest subsidy on commercial bank loans approved to companies that reinvested profits, up to MKD 1,200,000 (for qualified loans)
• There are additional loan types for different sectors and economic activity

• Individual guarantees: Support of micro, small and medium trading enterprises in Republic of North Macedonia for easy access to finance necessary for their functioning at times of economic and health crisis.
• Cover: 50% of loan amount
• Portfolio guarantees: Support of micro, small and medium trading enterprises in Republic of North Macedonia for easy access to finance necessary for their functioning at times of economic and health crisis.
• Cover: 80% working capital loans, 50% fixed assets
• Guarantees for securing customs debt in inward processing: A guarantee used for securing in the customs procedure.
• Maximum amount: Up to MKD 24,000,000, depending on company size
• Cover: 100%
• Tenor: Up to 1 year

• Code of good practice guidelines

• Rules for personal data protection

• Corporate and social responsibility rules

• 2023: An agreement was signed with the French Development Agency for a new EUR 50 million intended to support companies

• 2023: EIB Global provides a EUR 1 million technical assistance grant to boost the rollout of green financing for SMEs in North Macedonia