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Source: Arrabe Asesores 14 March 2011

ICO's principal financing 2011

Summary of the main lines of funding for this year 2011

ICO 2011 SUSTAINABLE INVESTMENT

Loans to finance goods or services that improve resource efficiency and reduce environmental impacts.

 
Application Deadline: Open until 19.12.2011 or until funds are depleted.

 
Directed self-employed, businesses and public entities

 
Eligible investments: investments in productive sectors and sustainable investing activities:

Acquisition and renovation of productive fixed assets, new or second hand, falling within the sectors of sustainable economy
Acquisition of businesses
IVA or IGIC for investment financed 
 

 ICO INVESTMENT LINE 2011

Application Deadline: Open until 19.12.2011

Aimed at independent and public and private entities (companies, foundations, NGO's, Public Administration, City Councils, Local Authorities).

Investment financed productive investment in sectors and activities that can not be considered sustainable:

Investment in productive assets, new or second hand (machinery, computer equipment, furniture, buildings ...)
Purchase of passenger vehicles whose price does not exceed € 30,000 plus VAT. Commercial vehicles may be financed at 100%.
Acquisition of businesses
VAT IGIC

 

ICO 2011 INTERNATIONALIZATION

Application Deadline: Open until 19.12.2011 or until funds are depleted.

The partner banks are in charge of examination and approval of transactions, since they assume 100% risk

Aimed at independent and public and private entities (companies (domiciled in Spain or domiciled abroad with most Spanish capital), Foundations, NGO's, Public Administration).

LIQUIDITY ICO 2011

Application Deadline: Open until 19/12/2011.

Credit institutions are collaborating in charge of examining and approving transactions

Aimed at independent and public and private entities (companies, foundations, NGO's, Public Administration, City Councils, Local Authorities) regardless of their size, they remain solvent and viable, they face a transient restriction of credit, provided they is current payment to the Financial Institution grantor.

This loan, for liquidity to meet current expenses, payroll, vendor payments, purchase of goods, restructuring of liabilities, etc. No justification is required use of funds.

Maximum loan amount:

Up to 10 Million € for one or more transactions

ICO DIRECT LINE

Application Deadline: valid until 31/12/2011. Through the channel of Financial Facilitator (www.facilitadorfinanciero.es)

Operations approved by the ICO will be formalized through the BBVA and Banco Santander.

Directed self-employed, SMEs and non-profit institutions (provided they have legal personality and capacity to act), residents in Spain 

 
ICO SGR - equity loans of SGR

Application Deadline: Open until 19/12/2011. Through the channel of Financial Facilitator (www.facilitadorfinanciero.es)

Directed self-employed, businesses and nonprofit organizations (if they have legal personality and capacity to act), residents in Spain

Bankable: investment and liquidity of the ICO Direct

The investment fund may not be older than 1 year and must be implemented within 3 months from the date of signature of the financing

 

IF YOU WANT MORE INFORMATION ABOUT THE INTEREST RATE, repayment term, BANKING AND CREDIT INSTITUTIONS CAN Pond CONTACT ME AND WE WILL INFORM THE 902.547.950.

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