For small businesses
City Funds managed by FOCUS VENTURES Capital Fund Management Ltd. are providing financing not only medium-sized and large enterprises that are the backbone of the economic operation of large Hungarian cities. FOCUS Rapid is a product created as a solution for smaller companies to deal with their financing problems with a simplified set of conditions and in a short application time. We offer this product to companies with growth potential that operate in the area, county seat, county or region covered by the given City Fund. A company choosing FOCUS RAPID must have at least two closed business years and may apply for a capital injection to secure their own operations or realize their development opportunities.
INVESTMENT AVAILABLE
Between HUF 30-50 million
WHAT BUSINESSES IS IT RECOMMENDED FOR?
- Businesses operating in Hungary – Hajdú-Bihar county, Debrecen and its agglomeration, Fejér county, Székesfehérvár and its agglomeration, Somogy county, Kaposvár and its agglomeration, Veszprém county, Veszprém and its agglomeration, Szabolcs-Szatmár-Bereg county, Nyíregyháza and its agglomeration, Baranya county, Pécs and its agglomeration– or headquartered in the EEA- with a branch in Hungary,
- companies with at least two closed and approved financial year,
- for developments implemented in the county or in the given region, as well as to ensure the operation of the enterprise.
FORM OF INVESTMENT
- Capital increase
QUICK ASSESSMENT & SIMPLIFIED SET OF CONDITIONS – THIS IS FOCUS RAPID
- standardized structure, standard and simplified business plan and contract documentation
- acquisition of a 30% minority interest
- investment limit between HUF 30-50 million
- yield expectation 7-15% (depending on the risk profile)
- simplified scoring, quick review
- a term of 5 years
- simplified financial audit and legal due diligence
- standard investment agreement signed before a notary
- online application process
