(a)

the financial intermediary passes on the advantage received through the State guarantees to the beneficiaries by providing new senior loans to these beneficiaries with lower interest rates or lower collateral requirements and each guarantee does not exceed 80 % of the underlying loan; and

← art_4__para_7 · All articles · (b) →

Source: EUR-Lex (Cellar) · retrieved 2026-11-06 · Text as adopted (Official Journal); later amendments are not incorporated in this text.