BPF InvestEU Guarantee Line
Recipients
SMEs, as defined in Commission Delegated Directive (EU) 2023/2775 of 17 October 2023, as well as Small Mid Cap and Mid Cap, as defined in Decree-Law 81/2017 of 30 June, located in national territory.
Types of operation
“Sustainable Investment” specific line: operations designed to support the reduction of the carbon footprint and the adoption of circular economy principles in company activity;
“Investment” specific line: operations designed to finance investment in tangible and intangible fixed assets;
“Working Capital ” specific line: operations designed to finance structural working capital needs.
Main access conditions
Companies
- Have fulfilled all their obligations to the Tax Authority, Turismo de Portugal, the Financial System and Social Security at the time the financing was contracted;
- Comply with the legislation in force, particularly with regard to combating money laundering and terrorist financing:
- are not entities based in offshore jurisdictions or in countries, territories or regions with a clearly more favourable tax regime;
- are not entities that are dominated by entities, including fiduciary structures of any kind, that have their registered office or effective management in countries, territories or regions with a clearly more favourable tax regime or whose beneficial owner is domiciled in those countries, territories or regions.
Funding
Maximum amount
The total maximum funding per company, across all three lines, cannot exceed € 8,250,000.
Investment: up to € 5,000,000
Sustainable Investment: up to € 8,250,000
Working Capital: up to € 2,000,000
Repayment period
Sustainable Investment: From 12 to 180 months
Investment: From 12 to 144 months
Working Capital: From 12 to 48 months
Interest-only period
Sustainable Investment: Up to 36 months interest-only period after the operation is contracted
Investment: Up to 36 months interest-only period after the operation is contracted
Working Capital: Up to 6 months interest-only period after the operation is contracted
Interest rate
Interest will be borne entirely by the beneficiary.
By agreement between the credit institution and the beneficiary, the interest rate to be applied will be fixed or variable, with a maximum spread determined in accordance with each credit institution’s own risk rating and the maturity of the operation.
Mutual guarantee
Sustainable Investment: 75%
Investment: 50%
Working Capital: 50%
Mutual guarantee commission
The guarantee commission will be charged on the amount guaranteed and calculated according to the rating, type of company and maturity of the operation.
Mutual guarantee commission bonus
0%
Forms
Submitted to one of the following Credit Institutions:
- Abanca Corporacion Bancaria, S.A. – Portugal Branch
- Banco Bilbao Vizcaya Argentina, S.A. – Portugal Branch
- Banco BPI, S.A.
- Banco Comercial Português, S.A.
- Banco Santander Totta, S.A.
- Caixa Central de Crédito Agrícola Mútuo, CRL
- Caixa de Crédito Agrícola Mútuo de Leiria, CRL
- Caixa Económica Montepio Geral, S.A.
- Caixa Geral de Depósitos, S.A.
- Novo Banco, S.A.
- Banco BIC Português, S.A.
- Novo Banco dos Açores, S.A.
- Bankinter, S.A. – Portugal Branch
- Caixa de Crédito Agrícola Mútuo da Chamusca, CRL
- Caixa de Crédito Agrícola Mútuo de Mafra, CRL
- Caixa de Crédito Agrícola Mútuo do Bombarral, CRL
- Caixa de Crédito Agrícola Mútuo de Torres Vedras, CRL
- Caixa Económica da Misericórdia de Angra do Heroísmo, Caixa Económica Bancária, S.A.
- Banco BAI Europa, S.A.
- Banco Carregosa, S.A.
Consultation of this information does not waiver the reading of the disclosure document.
Support financing operations that contribute to competitiveness, economic growth, sustainability, job creation and the sustainable and inclusive recovery of the EU economy.
RECIPIENTS
SMEs, as defined in Commission Delegated Directive (EU) 2023/2775 of 17 October 2023, as well as Small Mid Cap and Mid Cap, as defined in Decree-Law 81/2017 of 30 June, located in national territory.
TYPES OF OPERATION
- Specific “Sustainable Investment” line: operations designed to support the reduction of the carbon footprint and the adoption of circular economy principles in company activity;
- Specific “Investment” line: operations designed to finance investment in tangible and intangible fixed assets;
- Specific “Working Capital” line: operations designed to finance structural working capital needs.
MAIN ACCESS CONDITIONS
Companies
- Have fulfilled all their obligations to the Tax Authority, Turismo de Portugal, the Financial System and Social Security at the time the financing was contracted;
- Comply with the legislation in force, particularly with regard to combating money laundering and terrorist financing:
- are not entities based in offshore jurisdictions or in countries, territories or regions with a clearly more favourable tax regime;
- are not entities that are dominated by entities, including fiduciary structures of any kind, that have their registered office or effective management in countries, territories or regions with a clearly more favourable tax regime or whose beneficial owner is domiciled in those countries, territories or regions.
