PMV Winwin Loan (Winwinlening).

Details

• URL: https://www.pmv.eu/product/winwinlening/
• What it is: subordinated loan (friends/family/private individuals) for entrepreneurs in Flanders, with a tax advantage for the lender
• Who it’s for: SMEs, self-employed people and liberal professions in Flanders (social economy is also eligible)
• Use: fully for business/professional activities
• Key features (selection):
  • Total loan amount: up to €300,000 (per borrower)
  • Max per lender: €75,000
  • Term: 5–10 years (subordinated loan)
  • Interest rate 2026: between 2.25% and 4.5%
  • Tax benefit: 2.5% per year (on outstanding principal)
  • Extra protection: one-off 30% tax credit for the lender if the loan is not repaid
• Application/registration (4 steps): simulate → draft agreement → send within 3 months → PMV registers (within ~1 month after receipt)
• Contact: winwinlening@pmv.eu

Repayment & interest (more detail)

According to PMV, this is a subordinated loan with a term of 5 to 10 years. The source mentions different repayment options:

• monthly
• quarterly
• semi-annually
• annually
• bullet repayment at maturity
• early repayment (under conditions)

For interest, the page states (among other things):

• interest is calculated based on the outstanding balance × the rate in the deed
• there is no deviation from the tax rules on withholding tax: the borrower must withhold and remit withholding tax within 15 days after interest is granted/paid

Conditions (additional)

Conditions for the lender (selection)

PMV states that the lender must meet conditions such as:

• natural person subject to personal income tax and located in the Flemish Region, and the loan is concluded outside business/professional activities
• cannot be an employee of the borrower
• for a self-employed borrower: the lender cannot be the spouse or legally cohabiting partner
• for a corporate borrower: the lender (and partner) cannot act as director/manager (or similar mandate)
• for a company borrower: the lender (and partner) cannot directly or indirectly hold more than 5% of shares or voting rights (or rights/securities that would cause that)

PMV also notes: during the term, the lender cannot be a borrower in another Winwin Loan.

Conditions for the borrower (selection)

On the date the Winwin Loan is concluded, the borrower must be an SME or self-employed person with an operating base in the Flemish Region (social economy activities can also qualify).

PMV clarifies the SME definition, for example as:

• fewer than 250 FTE
• annual turnover max €50 million or balance sheet total max €43 million
• meet the independence criterion (for participation relationships ≥25%, consolidated figures apply)

Early callability (when can the lender demand early repayment?)

PMV describes that the lender can demand early repayment in certain cases, such as:

• bankruptcy / apparent insolvency / (voluntary or forced) dissolution or liquidation of the borrower
• for a self-employed borrower: cessation or transfer of activity
• payment arrears of more than 3 months on principal and interest
• death of the borrower (if the borrower is self-employed)

Tax evidence

According to PMV, there are no annual tax certificates. The lender receives a one-off registration letter from PMV that serves as the tax certificate and must be kept available. Bank statements (received interest) can also be used to prove continuation.