Saab aims to restart production within a week after its owner, Spyker Cars, secured a 30 million euro ($44.4 million) short-term loan to help ease its cash crunch.
Spyker said it will borrow the money from Gemini Investment Fund, one of its shareholders, in a convertible loan agreement with a 6 months maturity. The interest rate of the loan is 7 percent a year and the conversion price is 4.88 euros per share.
Saab was forced to halt production last month after some supplers that had not been paid stopped deliveries.
Spyker CEO Victor Muller said in a statement: "I would like to apologize to our dedicated employees, suppliers, dealers and customers for the disruptions of the past weeks. We will do everything in our power to restore the confidence in our company as soon as practically possible."