The Micro Loan Guarantee (Amendment) Regulations, 2017, which were passed through Legal Notice 143 of 2017, have added family businesses to the definition of “eligible enterprise” within the Micro Loan Guarantee Regulations. Furthermore, situations where intangible assets are acquired have been added to the ambit of where an assisted loan is to be considered by Malta Enterprise. Lastly, Malta Enterprise’s guarantee exposure regarding an assisted loan is not to exceed 80% of the total outstanding loan balance due to the bank which may not exceed the sum as prescribed in guidelines published by Malta Enterprise.

A copy of the Regulations can be obtained by clicking here.