The Growth Fund

What can you apply for?

Vækstfonden offers a wide range of loan and financing options. The following are of particular interest to ports:

Growth Guarantee – Makes it easier for you to obtain financing from the bank if you need a loan of less than 2 million DKK. Covers up to 75 percent of the bank’s risk.

Growth Loan – For business owners with an established company who need to borrow more than 1 million DKK to carry out their growth plans or facilitate a change in ownership. This loan makes it easier for you to access financing from your bank

Growth Guarantee – A Growth Guarantee helps cover the risk if your business cannot provide sufficient collateral to obtain a contractor’s or payment guarantee, or to secure a lease agreement. The Growth Guarantee must be for at least 1 million DKK, either on its own or in combination with a Growth Loan, and it covers 100 percent of the risk.

Subordinated loans – A subordinated loan is a hybrid between debt and equity and helps to strengthen a company’s financial position. Subordinated loans are subordinate to other forms of debt financing and can therefore serve as a supplement to equity on the company’s balance sheet.

Who is eligible to apply?

Companies

Amounts & Terms

Terms and conditions vary depending on the type of loan.

Cases

Esbjerg Maritime Service at the Port of Esbjerg

Lundsøe Køl & Frys – Cold Storage Facility at the Port of Aarhus