By means of LN 143 of 2017, the Micro Loan Guarantee Regulations were amended so that family businesses as defined in the Family Business Act may also be able to benefit from such loan guarantees.
Applications for assisted loans will be considered by Malta Enterprise if the loan is intended exclusively for the acquisition of tangible assets and working capital linked to such acquisitions. By means of this amendment, an application for an assisted loan may now also be considered if the loan is intended exclusively for the acquisition of intangible assets and the working capital linked to such acquisitions.
Assisted loans may not exceed the maximum limit of Eur100,000 and the term of the assisted loan shall be for a maximum period of 10 years starting from the date on which the loan was granted.
