The Ministry of Finance is implementing activities aimed at increasing the use of intangible assets as collateral by small and medium-sized enterprises (SMEs), including cooperation with the Chambers of Commerce with the aim of:
- informing SMEs about the possibility of using intangible assets as collateral, in order to encourage greater use of intangible assets as collateral;
- supporting entrepreneurship, innovation and the development of competitiveness through better information on the use of intangible assets.
According to the existing legal framework, SMEs can use intangible assets as collateral when lending, if the asset is registered, properly valued and accepted by the financial institution (such as patents, trademarks and other commercial rights). In any case, the financial institution should take into account the creditworthiness of the client, i.e. the quality of the project and the regularity in settling obligations.
For additional information regarding the possibilities and conditions for using intangible assets as collateral for lending, interested merchants should contact financial institutions directly for more information regarding the eligibility of the collateral they have at their disposal and which can serve them in the procedure for securing financial resources to support their business activities.
