IVF general financing line

Purpose: granting of loans under market conditions for the financing of companies in terms of:

•Expansion and renovation of facilities, machinery and equipment

• Sustaining working capital

Economic conditions:

•Investments: minimum of €20,000 and maximum of €200,000 (self-employed person), €500,000 (microenterprise), €2,000,000 (SMEs), €5,000,000 (between 250 and 3,000 workers)

• Working capital: minimum of €20,000 and maximum of €50,000 (self-employed person), €200,000 (microenterprise), €1,000,000 (SMEs), €5,000,000 (between 250 and 3,000 workers)

• Amortization period: between 4 and 10 years with a grace period of up to two years (investment) or between 2 and 4 years with the possibility of a 100% return at the end of the operation (working capital).

•Interest: EURIBOR + the established risk margin (in the case of SGR guarantee -self-employed, community property or commercial companies

• Commissions: up to 1% opening commission; no cancellation fee

Beneficiaries: self-employed person, community property, commercial companies of any sector except those excluded in article 3 (illegal economic activities, tobacco and alcoholic beverages, production and trade of arms and ammunition, casinos and equivalents, finance and real estate, etc. .)

Application limit : until budget exhaustion