Loans to guarantee the liquidity of freelancers and companies

We want to help you get back to normal so that you remain the engine of our economy. That is why we offer you the financing you need with the ICO's guarantee facilities so that you can satisfy your liquidity needs.

As we know that each company has its own needs, we offer solutions adapted to your needs within the credit line announced by the ICO for a total amount of 100,000 million euros:

SELF-EMPLOYED AND MICRO-ENTERPRISES

  • For self-employed and micro businesses up to 10 employees,  with registered office in Spain and that have been affected by the economic effects of COVID 19.
  • Any business sector, except companies belonging to the financial and insurance sectors (brokers and intermediaries are not affected).
  • For liquidity requirements:
  • Payment of salaries, rent or other fixed costs.
  • Payment to suppliers.
  • Payment of ordinary credit maturities and tax obligations.
  • Up to 1.5 million euros.
  • Up  to 5 years with the possibility of a 12 months grace period (included). 
  • 80% guarantee.

Download the file with the details about this finance scheme for the self-employed and micro-enterprises here.

SMEs

  • For companies with up to 250 employees and sales of less than 50 million euros or with total assets of less than 43 million,  with registered office in Spain and that have been affected by the economic effects of COVID 19.
  • Any business sector, except companies belonging to the financial and insurance sectors (brokers and intermediaries are not affected).
  • For liquidity requirements:
  • Payment of salaries, rent or other fixed costs.
  • Payment to suppliers.
  • Payment of ordinary credit maturities and tax obligations.
  • Up to 25% of Annual Income or 24 months of Staff Costs.
  • Up  to 5 years with the possibility of a 12 months grace period (included).
  • 80% guarantee.

Download the file with the details about this finance facility for SMEs.

LARGE COMPANIES

  • For companies that are not considered SMEs according to the definition of the EU,  with registered office in Spain and that have been affected by the economic effects of COVID 19.
  • Any business sector, except companies belonging to the financial and insurance sectors (brokers and intermediaries are not affected).
  • For liquidity requirements:
  • Payment of salaries, rent or other fixed costs.
  • Payment to suppliers.
  • Payment of ordinary credit maturities and tax obligations.
  • Up to 25% of Annual Income or 24 months of Staff Costs.
  • Up  to 5 years with the possibility of a 12 months grace period (included).
  • 70% guarantee for new operations and 60% for renewals.

Download the file with the details about this finance facility for large companies.

We want to help you so that we can continue to be by your side.

Shall we discuss it?

If you would like more information, visit any of our branch offices.

COVID-19 ICO Financing facility with State Guarantee

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