Companies that are having problems obtaining bank loans and bank guarantees can take advantage of the Corporate Finance Guarantee Scheme (GO). The government is proposing to increase the guarantee ceiling under the GO from € 400 million to € 1.5 billion. The GO helps both SMEs and large companies by underwriting, at a level of 50%, bank loans and bank guarantees from a minimum of € 1.5 million up to a maximum of € 50 million per company. The maximum amount per company is being temporarily increased to € 150 million.
