Bank of Valletta has launched the latest tranche of the BOV JAIME Financing Package to assist SMEs in Malta overcome the challenges of the Covid-19 pandemic. This package will enable SMEs to get working capital and capital investment with lower collateral obligations. The maximum loan amount that can be availed will be€500,000 at an interest rate of 3% for a maximum term of 12 years. The Maltese SMEs can use the newly-launched financing solution to improve their operational efficiencies by investing in research, development, and innovation (R&D&I), to launch new products and services, and foraying into new export markets.
