Small and medium-sized businesses looking to expand can now benefit from the “Double Your Business” financing scheme.

Deputy Prime Minister Albana Koçiu said the program will support investments in the textile and garment sector and furniture production through preferential financing.

The scheme offers interest rates of 2–3%, sovereign guarantees of up to 70% and loan maturities of up to 24 months. The program gives small and medium-sized businesses more opportunities to invest, expand and create new jobs.

Koçiu said the initiative will encourage investment, increase production and strengthen the Albanian economy.

“Double Your Business” aims to make financing more accessible, support business expansion and increase production capacity.

The government expects the scheme to create more opportunities for Albanian businesses, boost production and contribute to job creation.

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