The support you need for your business
Want a mutual guarantee company (MGC) to underwrite your project?
- Finance investments by freelancers and companies backed by a mutual guarantee company.
- Freelancers, professionals and SMEs up to €50 million in turnover.
- Investments eligible for financing:
- Liquidity: working capital needs such as current expenses, payroll, payments to suppliers, purchase of goods, etc.
- Productive investments in and outside Spain:
- New and second-hand productive fixed assets.
- Buying private cars costing less than €30,000 (plus VAT if purchased in Spain). Industrial vehicles will be funded at 100%.
- Acquisition of shares in enterprises domiciled abroad.
- Value Added Tax (VAT) or the Canary Island General Indirect Tax (IGIC), in the case of assets acquired in Spain.
- Setting up enterprises abroad.
- Financing working capital up to a maximum of 50% of the financing obtained under this investment type.
- Maximum amount:
- When the financeable item is investment, the MGC guarantee will be 100% and up to 100% of the investment project (VAT included) can be financed with a maximum of €1 million per client and year.
- When the financeable item is liquidity, the maximum amount will depend on the percentage underwritten by the MGC:
- Transactions 100% underwritten by the MGC: up to €1 million per client and year.
- Transactions 50% underwritten by the MGC: up to €60,000 per client and year.
- Repayment term:
- 100% liquidity: 1, 2 or 3 years with option of a 1-year grace period for principal.
- 1, 2, 3, 5, 7 or 10 years with option of a 1-year grace period for principal.
- 12 or 15 years with option of a 2-year grace period for principal.
Check width our specialists
You can apply now!