What is a soft loan?
In addition to export financing at commercial rates, as a Plasser & Theurer customer who fulfils certain requirements you may be able to finance your next purchase under the terms of a soft loan. Soft loans are concessional loans with especially favourable terms. They are made available to public institutions for select projects (projects that are financially unsustainable with insufficient cash flow to finance them on commercial terms); they fund Austrian exports to developing and emerging markets, for example. Soft loans are characterised by low interest rates, grace periods, and long repayment periods.