September 6th. 2013
The Department of Enterprise and Employment, through an agreement of collaboration with the Catalan Institute of Finance (ICF), has launched a line of aid in the form of a guarantee of EUR 14 million for business financing and working capital investment projects and independent shops. The aim is to facilitate access to financing companies, promote the revival of economic activity and promote economic development. In the total line of credit provides secure financial transactions of up to 20 million.
Beneficiaries: Independent, micro, small, medium-sized businesses with their social activities in Catalonia, which are registered in the corresponding Social Security system or mutuality in the case of self-employed or are legally constituted and registered in the corresponding entries in case of micro, small and medium enterprises.
FINANCIAL CONDITIONS
• Amount: minimum and maximum € 10,000 € 100,000.
• Deadline: 2 to 5 years including grace period.
• Interest: Euribor plus 7%.
• Fees: 0.50% opening.
• Guarantees: the considered sufficient by the bank partner (CaixaBank and Banco Sabadell).
This product is anchored to the ICF. The Department of Enterprise and Employment assume 70% of risk-sharing guarantees that the entity could be considered.
PROCESSING
First. Fill in the request funding for that line (more info BC).
Two. Once completed and submitted the application, you will receive an email with instructions as required if you are self-employed or entrepreneurs and businesses.
