WE Large Enterprises Guarantee

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For an investment, a business takeover, working-capital financing, or a performance guarantee on an operation.

Product type: Guarantee
Granted to: To your bank
Business stage: Growth, transfer, innovation, and energy transition
Minimum amount: No minimum
Maximum amount: 50% coverage with a maximum guarantee of up to €5,000,000

For whom?

This product is intended for:

Large enterprises
Located in Wallonia*
Not in financial difficulty*
Operating in an eligible sector*

For what purpose?

The guaranteed loan allows you to finance:

Infrastructure, equipment, and machinery investments
Growth through the acquisition of a business in Belgium
The company’s operating cycle
A performance guarantee on a business operation

Guarantee duration

For a fixed-term loan: maximum 10 years, no minimum duration required
For an open-ended loan: maximum 1 year, renewable

Guarantee fee

The fee is expressed as a percentage of the guaranteed annual outstanding balance. The rate depends on the risk level of each operation but cannot be lower than 0.50%.

Need more information?

Contact our team by email: analystes@wallonie-entreprendre.be

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Glossary

Definitions

Operating headquarters and/or investment location in Wallonia
The existence of a company in difficulty is presumed for large companies:
- When equity capital is reduced to less than half of the share capital (including issue premiums);
- When the conditions for submission to collective insolvency proceedings are met, in particular when the company resorts to a judicial reorganisation procedure (PRJ);
- When, during the last two financial years, the following two criteria are met:
  o Loans/equity > 7.5
  o EBITDA/interest expenses < 1
The business files in which WE may intervene must not operate in the following areas:
- Road haulage for hire or reward where the financing relates to the acquisition of goods transport vehicles
- Primary production of agricultural products listed in Annex I to the Treaty on the
- Functioning of the European Union
- Banking, finance and insurance, with the exception of multi-brand insurance brokers
- Property development
- Production and/or distribution of energy or water, with the exception of the production of energy from renewable energy sources or high-quality cogeneration
- Education and training
- Culture, with the exception of audiovisual production
- Fishing and aquaculture
- Shipbuilding