Institut Català de Finances (ICF)
Línea ICF Crèdit 2011
Catalonia
Finance intended for Micro-companies, SMEs and the Self-employed whose registered offices are in Catalonia, for projects involved Investment in fixed assets, tangible and intangible, such as Working capital, which contribute to driving the competitiveness of Catalan companies via technological innovation, energy efficiency, the opening up of new markets and enhanced productivity.
Type:
- Loans and leasing.
Repayment terms:
- Investment Project operations
- 3 years with no grace period
- 5 years with no grace period or with 1 year grace period
- 7 years with no grace period or with 1 year grace period
- 10 years with no grace period or with 1 year grace period
- Working capital operations:
- 2 years including a 1 year grace period
- Investment projects. Up to 100% of the project, plus an additional 20% for working capital needs with a minimum of 10,000 euros and a maximum of 1,000,000 euros.
- Working capital projects: with a maximum of 10,000 euros and a maximum of 100,000 euros per beneficiary (in one or more operations).
- Variable 6 month EURIBOR + 3.25% Fees:
This facility will be in effect until 5 June 2012 or until the funds available are exhausted