Wood Processing

Wood Processing Plants Financing

Having in mind Eurasia’s potentials in the area of wood processing, Promfin Foundation extended its area of financing to Wood processing industry by providing investment loans for development and growth of existing production companies and entrepreneurs engaged in primary wood processing.

This Wood processing financing is aimed to stimulate investments in modernization of production, development of new production capacities, utilization of wood resources and introducing new technologies.

Loans are intended for investments in fixed assets – tangible assets (buildings, equipment and appliances, inventory etc.), intangible assets (product or service development, patents, licenses, concessions etc.) and working capital.

Promfin Foundation may directly finance up to 100 % of the total investment value.

Loans shall not be approved for the following purposes:

Parts of investments intended for meeting personal needs,
Participation in projects violating internationally recognized employee rights, including safety at work, rules and procedures internationally;
Any of the activities perceived as illicit or environmental and/or human health threat;
Immoral and illegal activities.