Swiss companies will need financial support
In view of the economic consequences of the coronavirus, the Federal Council is offering liquidity assistance to companies in Switzerland, totaling CHF 20 billion. This transitional credit (COVID-19 credits) makes it possible to provide unbureaucratic, targeted and rapid assistance to the affected companies.
We support the State with a digital solution automating the end-to-end pocess
Together with the warranty cooperatives (Bürgschaftsgenossenschaften) and the State Secretariat for Economic Affairs (SECO), we rapidly designed and developed a solution providing a very simple tool for Swiss companies and banks to handle the credit requests. The project took us only two weeks of hard work!
As of Thursday, 26 March 2020, all companies concerned will have access to credits via the covid19.easygov.swiss website. The companies only have to fill out a PDF document and send it to their bank. The request validation and credit authorization process has been optimized and automated in order to handle thousands of requests in a very short time. This will allow Swiss companies to get their credit very fast despite the high volume of demands.
The Credit Process
