ICO Guarantee SGR / SAECA 2016
Banco Sabadell has subscribed the ICO Guarantee SGR Line / SAECA 2016, aimed at financing investment projects both within and outside national territory and to cover liquidity needs.
Autónomos, Spanish self-employed workers, public and private companies and entities (foundations, NGOs, local government bodies), including both businesses registered in Spain and those which are registered abroad but have a majority of Spanish capital and which possess the guarantee of a SGR or SAECA.
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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