ICO Companies and Entrepreneurs 2017
Banco Sabadell has subscribed to the 2017 ICO Empreses i Emprenedors (Businesses and Entrepreneurs) credit line, designed to finance investment in productive fixed assets in Spain and help businesses cover their liquidity needs.
The self-employed, public and private companies and entities (Foundations, NGOs, Governments) that invest in national territory, irrespective of their corporate/tax domicile or if the majority of their share capital is Spanish or foreign.
Investments eligible for financing:
- Purchase of new and second hand productive fixed assets
- Purchase of cars with a price not exceeding 30,000 euros (plus VAT
- Purchase of businesses
- Working capital (up to 50% of total financing)
- Liquidity up to 100%, for operations up to 4 years.
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