Financing for the purchase of equipment

The reimbursement of equipment costs or retrofitting jobs is a financial aid granted by the District Labour Office in connection with the creation or adaptation of a workplace and employment (in this position) addressed by the unemployed PUP. Such funding can help any funeral company.

Why should I try to reimburse my costs?

The district Labour Office shall reimburse the costs of equipment or retrofitting of a workplace in the amount specified in the contract, not exceeding 6 times the average wage. It is impossible to hide that it is quite a large sum and can solidily support the operation of a small company, especially low or medium.

Average salary

I Quarter 2018 Second quarter 2018 III Quarter 2018 IV Quarter 2018
Gross Amount 4516,69 zł 4622,84  zł 4521,08 zł 4580,20 zł

As you can see, the amount of the grant may now reach over 27 361 zł.

Who can get reimbursed?

The reimbursement of equipment or retrofitting of a workplace may be eligible for:

  • Entity engaged in an economic activity,
  • A non-public kindergarten and a non-public school referred to in the law of 7 September 1991 of the education system (Dzu from 2004. No 256, Item No. 2572, as amended),
  • A natural person, a legal person or an organizational unit without legal personality, residing or having its registered office in the territory of the Republic of Poland, holding an agricultural holding within the meaning of the Act of 15 November 1984. On the agricultural tax (Dzu from 2006, No 136, Item No. 969 with Died) or leading special agricultural production department referred to in the Act of 26 July 1991. On income tax on natural persons (Dzu from 2010, No 51, Item No. 307 with Died) or by the law of 15 February 1992. Corporate income Tax (Dzu from 2000 No 54, Item No. 654 with D.), employing at least one full-time employee during the last six months, in each month.

If someone applies for such assistance as an entity, kindergarten or school, they may receive it if they meet the following cumulative conditions:

  • Carries on an economic activity, within the meaning of the rules on freedom of establishment, for at least 6 months immediately preceding the date of application (until the specified period of establishment does not count Period of business interruption) or carries on business (in the case of kindergartens and schools) under the Act of 7 September 1991. o The education system for the 6 months immediately preceding the date of application;
  • Did not diminished the working time of the employee and did not terminate the employment relationship with the employee by means of termination or by agreement of the Parties for reasons not relating to employees within the period of 6 months immediately preceding The date of submission of the application and the date of application for reimbursement;
  • Does not depend on the date of submission of the application with the payment of salaries to employees and the payment of social security contributions due, health, labour fund, guaranteed Employee Benefits Fund and the bridging pension Fund and other The public and does not have an untimely civil-law obligation;
  • Has not been convicted of offences against economic turnover during the period 2 years before the date of submission of the application,
  • Submitted a complete and duly drafted application.

How long is the refund?

The entity will receive a refund if it undertakes to work on an equipped or retrofitted full-time job for the unemployed person for a period of 24 months and to maintain at that time the workplace created in With the refund granted.

What should I do?

If the entity wishes to receive a refund, it should submit an appropriate application to the county Labour Office competent for its registered office or the place where the work is performed by the unemployed person.

Before submitting an application for reimbursement of equipment costs or retrofitting a workplace, you should read the terms and conditions of the selected Labour Office. The internal regulations may contain additional conditions to be fulfilled by applying for the selected form of support. They also often specify the maximum amount of refunds.

The application for reimbursement of equipment costs or retrofitting of a workplace must be submitted before the unemployed person is employed. Only after the successful examination of the request by the Office, the signing of the contract with the employment office specifying the conditions for refunds and the making of all purchases, the unemployed person can be hired.

Useful information

By signing a contract for reimbursement of equipment costs or retrofitting of a workplace, the company undertakes to:

  • Employment on an equipped or retrofitted job, full-time, addressed to the unemployed for a period of 24 months;
  • Maintain for a period of 24 months the job created in connection with the refund granted;
  • Reimbursement of the funds received and the interest referred to in article 46 paragraph. (2) The employment promotion and labour Market Institutions Act, in the amount proportional to the period of non-employment of the jobs created for the unemployed, in the event of failure to fulfil the conditions of employment and the maintenance of posts;
  • Reimbursement of the funds received and the interest referred to in article 46 paragraph. (2) The employment promotion and labour Market Institutions Act, in the event of breach of the remaining contract terms;
  • Reimbursement of the equivalent deducted or returned in accordance with the Act of 11 March 2004. On goods and Services Tax (Dzu from 2011 R. No 177, Item No. 1054), input tax on purchased goods and services under the refund granted, within:
  • specified in the contract for reimbursement, but not longer than 90 days from the date of filing the tax return on goods and services tax, which shows the amount of input tax on that title-where the declaration for a given settlement period arises The amount of tax to be paid to the tax office or the amount to be transferred for the next accounting period,
  • 30 days from the date on which the tax Office has made a refund, in the case of a tax return on goods and services tax, which shows the amount of input tax on that title, the amount to be reimbursed shall be shown for the relevant settlement period.
  • The reimbursement for equipment or retrofitting of a workplace shall be received by:
    • Submitting the settlement and documenting the costs incurred during the period from the date of conclusion of the contract to the date of employment addressed to the unemployed;
    • Employment in this jobseeker’s position and the fulfilment of other conditions laid down in the contract concluded with the office.

The funds received will be able to allocate in particular: the purchase of fixed assets, equipment, machinery, including measures necessary to ensure compliance with occupational health and safety regulations and ergonomic requirements.

When the starost can refuse refunds?

The starost may refuse to send the unemployed person to the body, nursery, school or agricultural producer in which he or she has been employed or engaged in other gainful employment within six months of the date of the application.

Dofinsowania with Zus

Link to the Zus > > here

More about funding

There are many ways to finance companies,

⦁ retrofitting of the workstation,
⦁ grant of remuneration for disabled persons,
⦁ vouchers for innovation for SMEs,
⦁ grants to conquer foreign markets,
⦁ de minimis guarantee,
⦁ Local Action groups,
⦁ Venture Capital funds,
⦁ Jeremie Guarantees,
⦁ Bank loans.

Funding from a state or a private investor?

Funding for companies can be divided into two sources: public and private. Money for funding from the state (including the Union) is based on the imposition of taxes on people living in Europe. Then hundreds of thousands of officials and intermediaries charge a commission from the money looted and the rest will distribute to the selected targets.
Private funding is a complete inverse of the state. It involves the voluntary investment of own capital by investors who see the development potential of the project. The number of state funding offers is inversely proportional to their effectiveness, which does not necessarily have you – as a beneficiary, worry. The advantages and disadvantages of each of these sources are read in the article.

Funding for companies from the Labour Office

Subsidies from the Labour Office are intended for people who intend to open the company. For companies already existing offices have two programs in their offer. If they were not, then in the age of the Internet and private job intermediaries, hardly anyone would be looking for an employee by office.

Retrofitting or creation of a workplace

As you develop your business, you may find it worthwhile to expand your business and offer new products. For example, a restaurant with homemade dinners would like to start serving pizza. For this, you need not only a new employee, but also a furnace, worktop and other equipment. With the help comes the labor office, which will give you money to create a workplace (purchase of equipment, etc.) for a new employee. The required period of employment and maintenance of created workstations shall be at least 2 years. The maximum amount you can try to equip 1 workstation must not exceed 6 times the average salary, i.e. 25.324, 14 z[stan na listopad 2017]ł.
To receive a refund, submit a request to the district employment office. The competent authority is the one in which the city you are established or in which the unemployed person will be working. You must submit an application for reimbursement of the cost of equipment or retrofitting work before you hire an unemployed person. The schedule looks like this:
⦁ you apply in UP,
⦁ you sign a contract with the office,
⦁ you make purchases,
⦁ you employ unemployed person from office.

Internship with the labor office

In this case, you will not get money from the office but only the employee. It’s up To you To ask for it. For his work for your business you will not pay a penny, pay it to the office. The internship is usually from 3 to 9 months, depending on how you type in the requests and how much the official agrees. To apply for the next trainee, you need to increase the employment of the company by one employee. An employed person does not have to be that trainee. Read more about the internship in this article.

Co-financing for companies with Pfron

The state fund for the Rehabilitation of persons with disabilities is a body appointed by the country to collect and redistribute money that is paid under COERCA by employers not employing invalids. Pfron issues money for professional activism and “social rehabilitation” of disabled people. If you’ve ever wondered why most job vacancies for a bodyguard or cleaner require a degree of disability, the list below will satisfy your curiosity:)

Reimbursement of employment costs from labour offices and Pfron after a change of legislation

“A Practical Guide for employers”

See the Bookstore link > > here

The book describes how to successfully receive a grant for hiring unemployed people. It presents the rules for the co-financing of workers with disabilities and indicates the benefits that the employer will draw from this.

Workplace equipment of a disabled person

As with the Labour Office, you can also use Pfron to reimburse the cost of equipping your workplace. About money can apply to an employer who:
⦁ carries on business for at least 12 months,
⦁ is not in a difficult economic situation,
⦁ did not diminished the state of the workplace for reasons attributable to the employer,
⦁ does not depend on paying employees and paying contributions to the ZUS, US and other public services in due time.
Funding for companies from Pfron to cover the costs of equipment 1 workstation can be up to 15 times the average salary, i.e. 63.310, 35 zł[stan na listopad 2017]. Disabled unemployed must be employed for at least 3 years.
Grant compensation for disabled persons
Pfron sponsors not only the equipment of the workplace, but also the remuneration of the employee with disabilities. Funding for companies depends on the degree of disability of the employee and on the working time. You can receive monthly:
⦁ 1800, 00 zł – for payment for a severely disabled employee,
1125, 00 zł – for a worker with a moderate degree of disability,
450, 00 zł – for a worker with a slight degree of disability,
⦁ the above grant amounts are increased by 600 zł for persons with disabilities for whom mental illness, mental retardation, holistic developmental disorders, epilepsy or blind patients have been Moderate.
The amount of the monthly grant may not exceed 75% of the wage costs incurred. You can apply for a payment grant for a disabled worker after paying the salary for that employee (that is, when the employee has received money).

Co-financing with PARP

The Polish Agency for Enterprise Development is another intermediary that provides support from the funds of the European Union and from the resources of the State budget. Between 2014 and 2020, PARP is responsible for the implementation of actions under the three operational programmes which have their sub-measures.
Smart Development Operational Programme
The Intelligent Development Operational Programme is a programme to be implemented between 2014-2020 and 2006. In this programme, money is allocated to projects that increase economic innovation and cooperation between enterprises and the science sector. Here are the sub-measures that are awarded to companies:

⦁ grants for design-money for companies, which will help furniture manufacturers to create their own model furniture. Every company that receives funding will choose 10 companies from the furniture industry and provide them with the support of the design. The maximum value of a grant for one company will be 2.500.000 zł. Overall, the budget was estimated at PLN 10 million to support at least 4 companies.
⦁ Pro-Innovative services for SMEs – you can get support in deploying a new product or improving an existing one. Money can also be spent on streamlining the production process. Grants for companies with this sub-measure can reach up to 700.000 zł for investments and 350.000 zł for services.
⦁ vouchers for innovation for SMEs – money for scientists to create the details of an innovative project. In short – you have an idea, scientists have to refine it. You will get money to pay the scientists, up to 340.000 PLN grant.
⦁ internationalization of national key clusters-you can get here even 6.000.000 zł to acquire new outlets, ie in practice to attend conferences, fairs and foreign missions. The Program is only addressed to the so-called “Cluster Coordinators”. One cluster must consist of a minimum of 10 companies.
⦁ Protection of Industrial property – Grant for the payment of a patent attorney and officials. If you want to patent an innovative product that you are putting on the market, you can count on funding up to 500.000 zł.
⦁ 4 Stock – Funding for companies that want to enter the stock market but have no money for documentation. Up to 800.000 PLN (grant up to 50%) To help with the entry to the WSE, New Connect, the Catalyst bond market and foreign regulated markets.
⦁ Go to Brand – in short, these are the money for advertising the company. Even 850.000 zł for participation in fairs, exhibitions, economic missions or conferences abroad. With this money you also finance the costs of a consultant who will advise you on how to promote your company abroad.
⦁ Research on the market – funding has been included in projects that rely on the implementation of R & I results, which must have the effect of placing new or substantially improved products or services on the market. Experimental development and counselling can also be the subject of the project. The value of the grant is up to 20.000.000 zł.
⦁ Scale UP – an acceleration program aimed at companies from different industries. It consists of advising on the development of products and cooperation in this area with large corporations and state treasury companies.
⦁ Loan Fund Innovation – from 200.000 zł to 2.000.000 zł for companies that are not listed on the stock exchange. The loan fund requires the involvement of private capital by the angel of Business or venture capital fund. The investor must recapitulate the borrower at least the same amount as the loan requested.

The consultation points in your area and the current deadlines for submitting applications can be found here:

Operational Program Knowledge Education Development

As part of this program, PARP organizes competitions for companies that will train entrepreneurs. The scope of the training defines sub-measures. If you are a training company, you can seek the money to organise training in the subject line:

⦁ Public procurement for SMEs – Grant pool in 2017 Is PLN 22 million,
⦁ Strategic management of enterprises – Pula in 2017 Is 50 million PLN,
⦁ Public-private partnerships for MMSP – 2016 It was PLN 10 million.

You can find the current timetable with the selection of proposals and contest terms on the website

Eastern Poland Operational Programme

Co-financing for companies established in the east of the country (province of Podlaskie, Lublin, Podkarpackie). The Program has several so-called. Defined objectives for which competitions are organised. For what you can (you could) get money:

⦁ Action 1.2 – Internationalization of SMEs – funding for the preparation of strategies for entering foreign markets, but also for concrete actions, e.g. To adapting products or participating in trade fairs and missions. The maximum amount of funding you can try is 550.000 PLN, with a grant level of 80% of eligible costs.
⦁ Sub-measure 1.3.1 – Implementing innovation by SMEs – here you can receive money to create innovative products (goods or services) through the implementation of R & D work results (research and development). The maximum grant amount is 7.000.000 PLN, in turn the minimum value of eligible expenditure is PLN 1 million. Co-financing rate: up to 70% (investment aid) and up to 85% (purchase of advisory services) of eligible expenditure.
⦁ Sub-measure 1.3.2. – Creation of network-based products by SMEs – money to create network and innovative products using the potential of the macro-region (the qualities and attractions of the macro-region). The activities may benefit from consortia of SMEs consisting of at least 3 entrepreneurs. The value of eligible expenditure in the project must be at least PLN 10 million. Funding within 35 – 70% of project value.
⦁ Action 1.4 – a formula for competition – in short, you can write that these are money for rebranding. First it will be called. “Design Audit”, which will diagnose the situation in your company and develop a new design strategy. At this stage you can apply for 100.000 gold at a grant level of up to 85%. In the second stage, you can achieve a design strategy, which can receive up to 3 million zlotys with a grant level of up to 70%.

A detailed timetable for the recruitment of applications for the operational programme East Poland is published for each subsequent year on the website


De minimis aid is a state-owned Treasury which is granted in the form of collateral for business loans. With the de minimis guarantee, you can get your credit or credit line in commercial banks faster and cheaper. De minimis aid is a form of credit guarantee if you have not paid the loan within the period specified in the contract. This ensures that the lending bank is assured that the commitment will be repaid.
Conditions for granting de minimis aid:

⦁ is for up to 27 months,
⦁ to 60% of the turnover credit granted and must not exceed 3.5 million PLN,
⦁ does not relate to interest and costs of lending (e.g. Fees or charges for a corporate account),
⦁ must be secured with a bill of its own in a blank issued by the trader.

The bank, which currently has one of the best loan offers with a de minimis guarantee is IDEA Bank. To learn more, fill out the online application and wait for the advisor to contact you. Getting information costs nothing.
De minimis aid has its own framework. Within three years you can not exceed the barrier of 200.000 Euro aid from the state. If you have used grants, reliefs or tax exemptions during these three years, you should verify that you have not exceeded the above mentioned ceiling.

Jeremie Loan, loan or guarantee

Jeremie Initiative Joint European Resources for Micro-to-Medium Enterprises (CMO) is a European Union programme designed to help banks to subsidiate companies. Designed for companies that want to take credit, and there is no one to bail. Jeremie, through its partner banks, offers low-interest loans and loans as well as those guarantees. The Program has been operating since 2007 years and covers the region: Lower Silesian, Łódź, Pomeranian, Wielkopolska, Zachodniopomorskie and Masovian Voivodeship.
The Jeremie initiative can be used by a trader:

⦁ employing less than 250 employees,
⦁ with an annual turnover of up to EUR 50 million or an annual balance sheet up to EUR 43 million,
⦁ having its registered office or branch and pursuing an economic activity in one of the designated provinces,
⦁ not having sufficient financial resources to implement the project,
⦁ without a credit history,
⦁ not having sufficient security value.
For more information, please visit, going to the appropriate state.

LGD Funding – Local action groups

Local action groups are associations or foundations operating in rural areas. After a positive verification by the State, they can apply for funding from the Rural Development Programme (one of the EU programmes). Such a group of activities shall be composed of representatives of the public, private and non-governmental sectors. The subsidy amount from the RDP programme is up to 300.000 zł and the co-financing rate is 70%.
If you run a company in the countryside, the rural development Program is for you. Grants for companies can be obtained in local action groups, which operate most often in several neighbouring municipalities. Before you proceed, remember that you must sign up for a local strategy, as determined by the lag. For local action groups ask your municipality office or search the website WWW.KSOW.PL/LEADER/BAZA-LGD

Local loan Fund

In the framework of the “Local Government of Poland” program, some cities in Poland have decided to start a local loan fund. As part of the local loan fund, traders can strive for low-interest loans, such as For investments, the purchase of machinery and equipment, materials and raw materials for production and services, the creation of new jobs or the implementation of new technologies. Loans are granted by municipalities or companies established by officials of several cities, such as Local Development Agency S.A. From Sosnowiec.
Sample offer of the local loan fund in Silesia:
Maximum Loan amount 120.000, 00 zł
Annual interest rate 4.43%
One-time commission 2-3%
A rotating or investment target
Repayment period up to 5 years
The withdrawal to 6 months
Minimum own contribution 20%
Local loan funds have created many municipalities,, Przemyśl, Włocławek, Dębica, Nisko, Bystrzyca Kłodzka and Rydułtowy. Unfortunately, there is no list of all municipalities in the network, so it remains to “wygooglować” such information or ask in its branch office.

Cosme Program

The European Union has also donated money to banks and financial institutions. Thanks to the Cosme program, traders can apply for loans, loans and leasing on preferential terms. This type of offer is available in 10 banks. Just ask for credits from the so-called. The PLG-Cosme or Easi guarantee (for Nest Bank).
The offer of preferential financing is available to start-ups, self-employed and micro-entrepreneurs, small and medium-sized enterprises from all industries, and large companies.
Co-financing for companies from the COSME programme can be used for investments and working capital. The benefits of Cosme include:

⦁ no or lower required security,
⦁ no or lower required own contribution,
⦁ access to finance for companies without credit history,
⦁ higher amount, extended funding period,
⦁ lowering margins,
⦁ lack of status and burden of public aid,
⦁ funding with EU support available without EU proposals, deadlines and queues.

To learn more about credit and leasing with Cosme, ask in one of the banks: Alior Bank, Idea Bank, Bank bgż, Pekao SA, Boś Bank, bank Zachodni WBK, Deutsche Bank, MBank, Pko BP, Bank BPS, Nest Bank.

Co-financing for EU companies under the RPO

EU programmes are simplified in national and regional terms. RPO are regional operational programmes created by central planners. The regional operational Programme operates in each of the 16 provinces. Co-financing for companies includes several actions that you can take into account when trying for grants. Some of these activities are reproduced with those described in the “Parp grant” section. The difference is that the ones are nationwide and the regional ones. Try to make you both one and the other. What you can get funding for:

Funding for research programmes

As part of the regional programme in your province, you can get funding for your company to carry out research and development, research infrastructures and implement innovation.

Computerisation measures

The EU is giving big money for activities related to the broadly understood computerisation. You can get funding from the e-Service portal, the development of electronic commerce and the development of B2B (business-to-business) solutions. You can allocate EU funds to the introduction of electronic systems for company management or to build customer relationships.

Money for Ecological Solutions

Ecology is the second most subsidized plane after computerization. You can allocate funds to the thermal renovation of the company’s buildings, the introduction of energy-efficient technologies or the reconstruction of the production line. Installation of solar panels, modernization of heating and ventilation also fit into this operation. If you are planning a larger business, you can apply for funding for the creation of wind, solar, geothermal and biomass plants.

Grants to conquer foreign markets

When planning to leave the offer outside of Poland and conquer foreign markets, money is needed. For this purpose, you can try to make money from this program. From product customization to business advertising to international fairs. Regional operational programmes shall organise competitions in this area. This is one of those programs that I personally recommend you. Often Polish companies can develop only after offering the product to consumers in other countries.

Funding for business development

In seeking EU funding, you need to know that it will be the basis for innovative action. If you want to expand your business and acquire resources to purchase additional equipment, you need a good justification. Good justification means describing the investment so that it is (or feels) as innovative as possible. It’s not about discovering America. It is enough to offer a product that will raise the level of living of the population and be distinguished in your company as well as among competitors.
Educational Vouchers for staff training
Funding for companies does not have to take the form of cash. The EU introduced the so-called Educational vouchers for which you can purchase your training staff. This is to indicate the field in which your employees should be trained and the training establishments should adapt to it. The database of training companies and their proposed courses can be found on the website
I wrote in a separate article on how to apply for a subsidy from the European Union. Currently, EU funding operates on the basis of low-interest loans and loans, though they happen and are non-refundable.

Current competitions for companies for all the aforementioned activities can be found on the European Funds portal, in the provincial labour offices and in the Marshal office.

Venture Capital and Private Equity funds

Venture Capital (VC) is a free cash fund for private investors that have been donated to a grant for companies. Grants are distributed by funds. The financial possibilities of Venture Capital funds are greater than individual business angels. The funds are not intended to be redeemed by the company but usually cover up to 50% of the shares.
The Venture Capital Fund is therefore nothing more than investing in innovative companies in the early stages of growth in exchange for shares. The investment time is usually estimated at 3-7 years and the companies that have a high rate of return are taken into account. The advantage of Venture vapital in addition to the known financial support is also the support of mentors. Investors who enter your business have a tremendous experience in building businesses. Being on board will surely share your comments and support in deciding and spending money.
It happens that funds also receive money from the state. This makes them able to invest in risky projects. Business Angels putting their capital are trying to select companies more cautionary. Co-financing for VC companies is better than EU money for several reasons. Money is not borrowed to you, but it is an authentic contribution of investors, so they are the company’s own money. You don’t have to donate or pay interest. When the business does not come out, nobody will pull you into financial responsibility. The unquestionable disadvantage is the loss of Omnipower in the company. From the moment you enter another shareholder, you have to count your opinion.

To acquire funds from Venture Capital it is necessary to write a business plan, and sometimes a “due dilligance” study order, which is very costly. However, this second option is only required for large companies. In an effort to make money with VC it is worth showing that we already have customers on our products, and the capital increase will significantly improve the financial results. VC funds can be found on the website of the Polish Capital Investor Association:
Private Equity
Private Equity creates more financial opportunities than venture Capital funds. They are targeted at companies that have already reached a large ceiling. Very big money is at stake. If you plan to sell your business or most of the shares then this is a good clue.
Business Angels
Entrepreneurs who succeed in business and have free capital are willing to support a financially prospective company. Such people are more and more in Poland. This is done on the principle of taking part in your company’s shares, usually up to 50%. By finding such an angel you gain not only funds for business development, but also advisory support from the person who has achieved success. The support rules are similar to those outlined in the Venture Capital fund.
The list of 16 most famous Polish business angels has prepared the portal mamstartup: link. You can also search for business partners on the Facebook group “startups talks”, where you can meet many well-known investors.


Crowdfunding is a Community funding, popular with people who have an idea and collect money to realize. With the company and creating a new product you can apply for support through portals such as Polakcan, or foreign Kickstarter. Most importantly, it set a real cost estimate and well describe the project. With crowdfunding, you can earn customers and free advertising in addition to your money. Funding for companies through crowdfunding portals is becoming increasingly popular in Poland.
Issuance of shares
To earn capital for new investments, you can broadcast the shares. Funding for the company through the issuance of shares is one of the most widely used ways to acquire capital. The purchaser of the action becomes the co-owner of the company at the level of the shares. Thus, the issuance of shares is different from the issuance of bonds, that the emissary does not have to return the money invested in the company by the buyer, but at the same time allows this investor to co-decide the future of the company
Entities that can emit shares are stock companies and limited partnership companies. The shares issued may be marketed on the Newconnect market or on the main dance floor of the Stock Exchange (WSE). The costs of issuing shares are related to expenditure on:
⦁ change of the company’s contract (notional costs, tax on civil law activities, court fees),
⦁ preparation of the documents necessary for the issuance of shares and their comprehensive examination,
⦁ advisory services, legal and statutory auditors,
⦁ to intermediary banks or to guarantee the public issuance of shares and brokerage offices,
⦁ drawing up a prospectus,
⦁ costs of advertising and promotional campaigns,
⦁ related to the formal entry on the stock exchange.
It is therefore an expensive process, which is why it is available to major companies. As part of the support of PAPR there is a program called 4stock, which helps in obtaining money to pay for part of the cost.

Issuance of bonds

Issuance of bonds (securities) is an alternative to bank loans. A bond is a securities that certify that a buyer has granted you a loan under certain conditions and you commit to fulfill it. This is about paying interest in the amount you have determined and returning the capital over time that you have also determined. The bonds are different from the shares that the holder does not become the owner of the company.
Bonds may issue companies with commercial law (e.g. Joint-stock company, Spółka Z O.O., Limited Partnership), which carry out business activities. The issuance of bonds on the Catalyst market in Poland entails some costs. One of the EU-4stock programmes described in the “Parp Grant” section helps entrepreneurs enter the Catalyst market.
Business Loans
At the company’s co-financing, there is no way to mention non-cash loans. It is a financial product aimed at traders who, due to their credit histories, debt or simply restrictive policy banks can not get a bank loan. Such loans for companies oscillating from 1.000 to 100.000 zł. As with any such product, it is necessary to take into account the costs and the high penalties in the event of non-repayment on time. Parabanki that offer loans to companies:

⦁ Bancovo – We will check for you in 15 minutes offer of all banks and Parabanków,
⦁ Aasa – up to 10000 zł

The information presented on this website is the author’s private opinions and does not constitute investment recommendations within the meaning of the regulation of the Minister of Finance of 19 October 2005 on information constituting recommendations Financial instruments, their issuers or exhibitors (Dz. U. Of 2005 year, No. 206, item. 1715). The reader takes investment decisions at its own risk.