Financing

General financing rules for the PoLSEFF2 Programme:

  • Financing is available only in the form of credit.
  • Loans may be up to 100% of the project costs.
  • Loans for materials and equipment from the LEME list may be up to EUR 250,000.
  • Loans for assisted projects may be up to EUR 1 million.
  • Financing is available only through the participating banks, in compliance with their policies and procedures.
  • Each project may benefit from only one EU grant.
  • Loans may not be used to refinance existing debt.

Are there any exceptions ?

  • No loans may be made to companies engaged in production, marketing, distribution (or similar activity) of tobacco products, hard liquor, alcohol (other than breweries, wineries and other companies manufacturing low/medium alcohol beverages), gambling, or arms.

Two methods of project assessment are available for PolSEFF 2:

1. LEME INVESTMENTS

Energy efficiency and building thermo-modernisation investments that involve the purchase and installation of materials and equipment from the LEME List. The credit value cannot exceed 250 000 EURO. These projects automatically qualify for the program.

2. ASSISTED INVESTMENTS

Energy efficiency and building thermo-modernisation investments that are not based on the LEME List. The credit value cannot exceed 1 000 000 Euro. The projects must be evaluated by PolSEFF 2 engineers in order to qualify.