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Minister for Financial Markets and Consumer Affairs


Per Bolund has changed areas of responsibility. From 5 February 2019 he is the Minister for Environment and Climate, and Deputy Prime Minister.

Minister for Financial Markets and Housing, Deputy Minister for Finance.


Per Bolund is Minister for Environment and Climate and Deputy Prime Minister from February 5, 2021.


Proposed central government loan guarantee programme for small and medium-sized enterprises


On Wednesday 25 March, a proposal was presented for loan guarantees to companies adversely affected by the COVID-19 virus outbreak. The aim is to make it easier for primarily small and medium-sized enterprises to access financing.

The proposal means that central government will guarantee 70 per cent of any new loans that banks provide to companies experiencing financial difficulties due to the COVID-19 virus. The guarantee will be issued to banks, which in turn will provide guaranteed loans to companies.

Opportunity for small and medium-sized enterprises to access financing

The loan guarantee programme primarily targets small and medium-sized enterprises, but there is no formal size limit on companies taking part in the programme. However, a limit of SEK 75 million per borrower has been proposed. The Swedish National Debt Office may grant exemptions from this limitation.

Conditions for providing loans

To take part in the programme, the COVID-19 virus must have adversely affected the company’s finances. The Government expects that the guaranteed loans will not be used for bonuses or variable remuneration to senior management, or for profit distribution other than what is comparable with regular salary withdrawals.

Companies apply for a loan by contacting a bank. The bank then conducts the normal credit assessment.

Banks that want to take part in the programme sign a guarantee agreement with the Swedish National Debt Office. The agreement covers aspects such as the guarantee fee that banks must pay, the loans concerned and other conditions.

Loans are provided through the banks

Central government issues the guarantee to the banks, which in turn provide guaranteed loans to companies. In practice, this means that central government compensates the bank for up to 70 per cent of any loss arising on a loan thus guaranteed.

The loans are paid out through the banks in order to provide loans to many companies as quickly as possible by using the banks existing networks and credit processes.

Costs to central government, banks and companies

Banks pay a risk-based guarantee fee to the Swedish National Debt Office. The fee is determined on the basis of the borrower’s current risk class, which is set by the credit institution. The risk assessment is carried out in accordance with the credit institution’s credit assessment process.

As usual, the borrower pays interest to the bank. This is determined by the bank and based on their credit risk assessment of the individual company, taking into account that central government is guaranteeing a large part of the loan. The borrower may defer paying interest on the loan for the first 12 months.


Information for business owners from government agencies has gathered information from government agencies about the new coronavirus, covid-19, which is important to know about as a business owner.

The Swedish Tax Agency have gathered tax related information that is important for you as a business owner to know in connection to the new coronavirus.