---
title: "FAWER: Provides overseas loans of no more than 3.5 million euros to a German fastener company"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/228318693.md"
description: "FAWER announced that the company held a board meeting on February 14, 2025, and approved the proposal to provide overseas loans to a German fastener company. The loan amount shall not exceed EUR 3.5 million, with an initial loan disbursement of EUR 1 million and an additional amount not exceeding EUR 2.5 million. The loan term is 5 years, with an annual interest rate of 3.6%. This loan aims to alleviate the working capital needs of the German fastener company and support its daily production and operations"
datetime: "2025-02-14T09:18:13.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/228318693.md)
  - [en](https://longbridge.com/en/news/228318693.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/228318693.md)
generator: "portal-rs"
---

# FAWER: Provides overseas loans of no more than 3.5 million euros to a German fastener company

FAWER announced that the company will hold a board meeting on February 14, 2025, to review and approve the proposal to provide overseas loans to a German fastener company. The loan amount will not exceed EUR 3.5 million, with an initial loan of EUR 1 million and an additional amount not exceeding EUR 2.5 million. The loan term is 5 years, with an annual interest rate of 3.6%. This loan aims to alleviate the liquidity needs of the German fastener company and support its daily production and operations

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**