Apply for additional funding

Apply for additional funding


The Belgian Minister of Finance, the National Bank of Belgium and Febelfin (the Belgian federation for the financial sector) have reached an agreement on the measures to help companies cope with the coronavirus crisis.

For more information, please go to the Febelfin website.

This agreement means that, until 31 October 2020, you can apply for a repayment holiday on your current loans and/or apply for additional funding with a government guarantee, at no extra charge.

Will a repayment holiday on my current investment credit be enough on its own?

Start by applying for a repayment holiday on your current investment credit, after which you can apply for additional funding.

> Apply for a repayment holiday on your investment credit

If you’re looking for a solution for deferring payment for other types of funding, such as leasing facilities, renting facilities, roll-over credit or advances in current account, don’t hesitate to get in touch with your usual contact or KBC Brussels Live (weekdays from 8 a.m. to 10 p.m. – Saturdays from 9 a.m. to 5 p.m.).

A KBC Brussels customer in need of additional funding?

We understand that you could use additional financial support because of the coronavirus situation. As one of our customers, therefore, you can now apply on this page for additional funding for a limited period of time.

Note: we’re receiving large numbers of applications, which we want to process as quickly and efficiently as possible. For this reason, you can only submit an application via this page.

We’ll contact you once we’ve assessed your application or if we need any additional information.

I have a dedicated contact or relationship manager at KBC Brussels, so why do I need to submit my application for funding through this page?

Due to the exceptional circumstances, we’re receiving large numbers of applications, which we want to process as soon as we possibly can. That’s why we’ve temporarily changed our procedure and require applications to be submitted on this page only.

We’ll contact you once we’ve assessed your application or if we need any additional information.

How soon will I receive a response to my application?

Due to the coronavirus crisis, we’re receiving more applications than we would under normal circumstances. This is impacting our processing times. All applications are assessed in order of receipt. We’ll contact you once we’ve assessed your application or if we need any additional information. Our experts are doing their utmost to send you a response as soon as possible. Thank you for your patience.

Is there any way to ensure my application is processed quicker?

We would advise you to download and complete the questionnaire, fill in the form below in as much detail as possible and then send everything to us. To make sure you complete the questionnaire correctly, we recommend enlisting the help of your accountant. This will help us to assess your application more quickly and reduce the probability of us needing to ask you for additional information.

Applying for additional funding

The process for applying for additional funding is outlined below:

  1. Download the questionnaire and save the file to your computer. Complete the questionnaire in as much detail as possible.
  2. Next, fill in the details of your company. Also upload the completed questionnaire as a file and tick the declarations confirming your agreement.
  3. Finally, click ‘Submit application’

Note: you may submit a maximum of one application per company number.

We’ll contact you once we’ve assessed your application or if we need any additional information.

1Your company
This number is 10 digits long
Format BExx xxxx xxxx xxxx (please omit spaces)
Find branch
2The contact for this application
3Your completed questionnaire
4Declaration of agreement – Declaration on honour
  • It has a permanent establishment in Belgium
  • It was not in arrears on its current loans with the tax authorities or social security authorities on 1 February 2020, or had less than 30 days arrears on its current loans with the tax authorities or social security authorities on 29 February 2020
  • It had met all its contractual loan obligations at all banks in the 12 months prior to 31 January 2020 and was not subject to active forbearance measures on that date either
  • Its company was not regarded as an undertaking in difficulty on 31 December 20191, e.g., it was not in bankruptcy, winding-up or liquidation proceedings, had not ceased trading, had not filed a petition for or was subject to judicial reorganisation proceedings, or was not subject to any other similar insolvency proceedings
  • The applicant, or an affiliated person, will notify the bank immediately if they have submitted an application for the same cash requirement or are planning to submit an application to another financial institution

1. as defined in Article 2.18 of Regulation (EU) No. 651/2014.

  • The funds provided will be used exclusively for continuing its operational activities and, therefore, they will not be used for, inter alia, paying dividends, repaying debts to shareholders, repaying subordinated creditors, repaying obligations with (other) financial institutions or financing other group entities or shareholders
  • The funds granted will be used exclusively for funding its activities in Belgium, with the exception of a maximum of 10% of any funding granted for a qualified activity abroad2 that may in no way be performed at the expense of the Belgian activity
  • The estimated cash requirements as estimated in the attached document (the Excel questionnaire) were filled in in good faith based on the most recent and accurate information the company had at its disposal
  • All its applications for additional funding with all banks and credit institutions do not exceed the estimated cash requirements and are less than an aggregate 50 million euros at group level
  • All the declarations made in this document are correct and based on the information available to it at the time
  • The requisite original supporting documents will be provided immediately upon KBC Bank’s request in connection with the above-mentioned declarations

2. The activity abroad must meet the following conditions:

a) Activities abroad must be performed by the company itself or by an entity under the exclusive or joint control of the company
b) Continuity of the activity abroad is crucial to the Belgian activity
c) The activities abroad can, taken independently, be viewed as a viable enterprise
d) There is no other way to fund the activities abroad sustainably and under normal market conditions

  • If funding is granted with a Federal government guarantee, a one-time fee will be payable, which is calculated as follows:
    • For the self-employed and SMEs3: 0.25% of the loan or amount of the credit line;
    • for other companies: 0.50% of the loan or amount of the credit line.
  • The company hereby authorises the bank to deduct the above-mentioned fee in advance from the loan/credit facility that has been granted or to debit it from the account linked to the loan/credit facility.
  • The federal government assumes the rights of the bank if the government guarantee is used, and will do so for a sum equal to the amount it has paid.
  • This information and declaration will form an integral part of any loan/credit agreement. The loan/credit will only be granted when the relevant agreement has been signed and the guarantees established.

3. ‘SME’ as defined in the Belgian Companies and Associations Code.

KBC Brussels aims to process your personal data in a manner that is lawful, appropriate and transparent. More information on how KBC Brussels processes and shares your personal data can be found in our data protection statement. It also explains your rights and how you can exercise them. Our data protection statement, which is updated on a regular basis, is available at KBC Brussels Privacy Statement, at your branch or from your intermediary.

We use cookies and similar technologies to make our website work better for you and ensure your online experience with us is more enjoyable and rewarding. We may also adapt our website to your needs and preferences. By continuing to use this website, you consent to our use of cookies.Learn more or reject cookies.