Who is eligible?

GEFF is a flexible financing facility that allows participating financial institutions (PFIs) to set up lending products for both

• individual borrowers (physical persons) who make eligible investments in their own homes; and
• companies (legal persons) who provide eligible goods or services to households;

At present, there is only one PFI, Banca Transilvania (BT) with GEFF lending products for individual borrowers:

1. BT consumer loans to buy items that appear on the GEFF Technology Selector;
2. BT mortgages to buy new energy-efficient new homes; and
3. BT StarCard credit card loans to buy energy efficient fridges, freezers and air conditioners from eMAG, a BT/GEFF partner retailer;

Additional lending products may be established over time and/or when other PFIs join the GEFF.

From the point of view of GEFF rules, the following categories of borrowers may use GEFF.

• Individuals, or groups of individuals owning or residing in a house or apartment in which you intend to implement an eligible investment or, or who want to renovate and older home or to build or buy an energy-efficient new home;
• Housing associations, condominium associations of apartment owners or other equivalent body which represents the interests of residents;
• Service providers, meaning service provider providing maintenance, operation, installation, construction, refurbishment or similar services;
• Vendors of equipment or materials listed on the Technology Selector, interested in participating in the Facility’s vendor financing programme;
• Businesses that manufacture or supply a “green” technology as listed on the Technology Selector planning to sustain or expand the “green” part of your business.