Aware that the COVID-19 health crisis is affecting your business, now more than ever, we continue to stand by our customers who are self-employed, professionals and SMEs.
For this purpose, Arquia Banca is offering loans linked to the ICO investment guarantee facility that will help you to continue to make progress and limit the consequences of the exceptional situation we are experiencing.
This financing with ICO guarantee can be requested by self-employed workers, SMEs and companies domiciled in Spain in any business sector. They must meet the following requirements:
The objective of the ICO COVID-19 INVESTMENT GUARANTEE FACILITY is to promote and support the granting of new financing to self-employed workers and companies. This will allow them to primarily make new investments in Spain, in order to adapt, extend or renew production or service capacity or restart or reopen their business.
The financing must be used exclusively for one of the following purposes:
The investment must be made effective within 24 months of the date of signing the financing transaction.
The financing will be formalised as a loan (*).
Maximum amount per customer
Repayment term and grace period
The state provides the following guarantees:
(*) Financing subject to the bank and/or ICO's risk criteria.
In addition to the documentation required to review the transaction, the customer must provide the following documentation:
The customer may formalise transactions until 1 December 2020 or until the funds are exhausted.
For more information, fill out the following form and an adviser will contact you as soon as possible.