Credit Line for Decarbonization and Circular Economy

Make industrial and tourism sector companies more modern and competitive by supporting the financing of projects aimed at reducing energy consumption, implementing measures that allow the transition from fossil to renewable energy sources, or accelerating the shift toward a circular economy.

Global Deadline

Up to 10 years

Financing

Up to 2.000.000,00€

Grace Period

Up to 24 months

Eligible Entities

Micro-enterprises
SMEs

Credit Line for Decarbonization and Circular Economy

Make industrial and tourism sector companies more modern and competitive by supporting the financing of projects aimed at reducing energy consumption, implementing measures that allow the transition from fossil to renewable energy sources, or accelerating the shift toward a circular economy.

Global Deadline

Up to 10 years

Financing

Up to 2.000.000,00€

Grace Period

Up to 24 months

Eligible Entities

Micro-enterprises
SMEs

Objectives and characteristics

  • Modernize and increase the competitiveness of industrial and tourism sector companies by supporting the financing of projects that reduce energy consumption, promote the shift from fossil to renewable energy sources, or accelerate the transition to a circular economy.

  • Micro-enterprises
  • SMEs
  • Beneficiaries’ Obligations
    • Hold IAPMEI certification
    • Have headquarters in national territory
    • Have no unresolved incidents with the banking system
    • Be in good standing with the Tax Authority (AT) and Social Security (SS)
    • Hold all licenses and authorizations required to carry out their activity
    • Not have been subject to environmental offenses or sanctions

  • How to Apply
    • The company must contact a participating credit institution and submit a financing/application request under the Line.
  • Eligible Operations
    • Replacement of existing equipment with more innovative, modern, and efficient alternatives
    • Investments in renewable energy for self-consumption in the production process or in circular strategies for any stage of the product/service life cycle
    • Implementation of monitoring, control, and automation devices that optimize conditions of use, energy consumption, and raw material usage
    • Redesign and integration of processes to increase resource efficiency
    • For CAE codes in the Tourism sector, eligible interventions also include improvements to the opaque and glazed building envelope to enhance thermal insulation and energy efficiency

  • Maximum Financing Amount per Company
    • Up to €2,000,000.00
  • Overall Financing Term
    • Up to 10 years
  • Grace Period
    • Up to 24 months
  • Maximum Mutual Guarantee
    • Up to 80% of outstanding capital
  • Counter-Guarantee Fund Share
    • 80%
  • Maximum Mutual Guarantee Fee
    • 1% – fully subsidized
    • Collection periodicity: monthly, quarterly, semi-annual, or annual
    • Paid in advance
  • Spread
    • Fixed or variable interest rate
    • With a maximum spread of 3.5%
  • Subsidies
    • Interest: up to 1.5%
    • Settled in arrears
    • Guarantee fee: fully subsidized
  • Credit Collateral
    • Additional guarantees may be requested beyond the mutual guarantee (SGM).
  • Fees, Charges, and Costs
    • Up to 1% per year on the outstanding financing amount
    • Contract-related costs borne by the beneficiary: property appraisals, registrations and deeds, taxes or fees, as well as other similar expenses
    • Fixed rate modality: credit institutions may pass on to companies the costs incurred with fixed rate reversal, in cases of total or partial early repayment or when requesting a switch from fixed to variable rate.

Objectives and characteristics

Modernize and increase the competitiveness of industrial and tourism sector companies by supporting the financing of projects that reduce energy consumption, promote the shift from fossil to renewable energy sources, or accelerate the transition to a circular economy.

Micro-enterprises
SMEs
Beneficiaries’ Obligations
Hold IAPMEI certification
Have headquarters in national territory
Have no unresolved incidents with the banking system
Be in good standing with the Tax Authority (AT) and Social Security (SS)
Hold all licenses and authorizations required to carry out their activity
Not have been subject to environmental offenses or sanctions

How to Apply
The company must contact a participating credit institution and submit a financing/application request under the Line.
Eligible Operations
Replacement of existing equipment with more innovative, modern, and efficient alternatives
Investments in renewable energy for self-consumption in the production process or in circular strategies for any stage of the product/service life cycle
Implementation of monitoring, control, and automation devices that optimize conditions of use, energy consumption, and raw material usage
Redesign and integration of processes to increase resource efficiency
For CAE codes in the Tourism sector, eligible interventions also include improvements to the opaque and glazed building envelope to enhance thermal insulation and energy efficiency

Maximum Financing Amount per Company
Up to €2,000,000.00
Overall Financing Term
Up to 10 years
Grace Period
Up to 24 months
Maximum Mutual Guarantee
Up to 80% of outstanding capital
Counter-Guarantee Fund Share
80%
Maximum Mutual Guarantee Fee
1% – fully subsidized
Collection periodicity: monthly, quarterly, semi-annual, or annual
Paid in advance
Spread
Fixed or variable interest rate
With a maximum spread of 3.5%
Subsidies
Interest: up to 1.5%
Settled in arrears
Guarantee fee: fully subsidized
Credit Collateral
Additional guarantees may be requested beyond the mutual guarantee (SGM).
Fees, Charges, and Costs
Up to 1% per year on the outstanding financing amount
Contract-related costs borne by the beneficiary: property appraisals, registrations and deeds, taxes or fees, as well as other similar expenses
Fixed rate modality: credit institutions may pass on to companies the costs incurred with fixed rate reversal, in cases of total or partial early repayment or when requesting a switch from fixed to variable rate.