Poland will start providing preferential loans to companies engaged in Ukraine’s reconstruction beginning in April.

A mechanism for preferential lending to companies involved in reconstruction projects in Ukraine will launch in Poland in April. The initial lending amount is PLN 250M (€60M). Notably, this will be the first time that unused European funds from a previous EU budget will be allocated for this purpose. These funds will be available to Polish companies to enhance exports, streamline production processes, support transportation, and strengthen the logistics capabilities of businesses looking to operate in Ukraine.

The interest rate on loans for companies new to the Ukrainian market will be set at 2%. However, for companies with established partners in Ukraine, the interest rate will be 1.75%. Even lower interest rates are planned for loans to medical companies. The maximum amount for each loan will be PLN 10M (€2.4M). Companies will have the option to repay these loans over a period of 10 to 12 years.