With the Win-Win Loan, the Flemish authorities intend to encourage angel investors to put financial resources at the disposal of starting enterprises. 

Any friend, acquaintance or relative who agrees to grant a Win-Win Loan to a starting enterprise is entitled to an annual tax discount of 2.5% of the loan amount. The Win-win loan makes it easier for young entrepreneurs to obtain starting capital from individuals in their immediate environment.

The Win-Win Loan is a subordinated loan of up to EUR 50,000. Its duration must be eight years and the sum must be redeemed in a single payment. If the borrower is unable to pay back the subordinated loan, the investor will recover 30 per cent of the sum due through a one-off tax rebate.

The Win-Win Loan scheme is governed by the Win-win loan decree of 19 May 2006 and the Win-win loan decision of 20 July 2006. The current regulation has been in force since 1 September 2006. This type of loan used to be known as Vriendenlening (“loan between friends”), but was recently renamed Win-Win Loan to emphasise that both parties stand to benefit: the starting entrepreneur because he or she is able to borrow cheaply and the lender because of the tax benefits involved.