Working Capital Loan Support
FCM-MDB Covid-19 Working Capital Support
FCM Bank together with the Malta Development Bank (MDB) have launched the FCM-MDB COVID-19 Working Capital Support to assist businesses effected by the pandemic with their cash flow requirements. Granting of Working Capital Loans under this scheme can be utilised to cover salaries, rental costs, utility bills, unpaid invoices due to the recent decrease in business revenue, acquisition of stocks and maintenance costs.
90% secured via the MDB Covid-19 Guarantee Scheme.
Facility limits up to €4M for SME’s and €8M for Large Undertakings.
18 months up to 72 months
Term starting from 18 months up to 72 months, inclusive of a 6-month Moratorium.
Interest Rates from 2.50%.
Open until 31st December
Application process to remain open until 31st December 2020.
FCM Bank part of SAB Group
Countries where we operate
Years of experience
How to apply
FCM Bank is willing to assist customers who are eligible to apply for this scheme and through collaboration with MDB, inject funds in their respective businesses to sustain their activities during such challenging times.