Line for Business Revitalization Support

Promote access to credit for companies that, having successfully completed an economic revitalization process under the SIREVE or PER framework, or a restructuring process mediated by the Credit Mediator, need to finance working capital and investment associated with new cycles of expansion and growth.

Global Deadline

Up to 4 years

Financing

Up to 750.000,00€

Grace Period

Up to 6 months

Eligible Entities

SMEs

Line for Business Revitalization Support

Promote access to credit for companies that, having successfully completed an economic revitalization process under the SIREVE or PER framework, or a restructuring process mediated by the Credit Mediator, need to finance working capital and investment associated with new cycles of expansion and growth.

Global Deadline

Up to 4 years

Financing

Up to 750.000,00€

Grace Period

Up to 6 months

Eligible Entities

SMEs

Objectives and characteristics

  • Promote access to credit for companies that, having successfully completed an economic revitalization process through SIREVE or PER, or a restructuring process with the Credit Mediator’s mediation, need to finance working capital and investments associated with new cycles of expansion and growth.

  • Entidades Beneficiárias
    • SMEs
  • Beneficiaries’ Obligations
    • Located within national territory
    • Positive results in the latest approved financial statements
    • No outstanding debts to FINOVA
    • No unresolved incidents with banks at the date of contracting
    • Regularized situation with the Tax Authority (AT) and Social Security (SS) at the date of financing
  • Note: Companies that, at the date of application, hold debts to AT and SS may contract, with the financial institution proposing the operation, bridging loans intended solely and exclusively for the settlement of these debts. Up to 30% of the credit granted under this Line may be used for the full repayment of such bridging loans.
  • How to Apply
    • The company must contact a participating credit institution and submit the financing request/application to the Line:
      • Abanca
      • Banco Atlântico
      • Banco Bilbao
      • BPI
      • BCP
      • Banco Invest
      • Banco Português de Gestão
      • STD
      • Bankinter
      • CCCAM
      • CCAM da Chamusca
      • CCAM de Leiria
      • CCAM de Mafra
      • CEMG
      • Caixa Leasing Factoring
      • NB dos Açores
      • NB

  • Eligible Operations
    • Short-Term Line:
      • Working Capital Needs
    • Medium-Term Line:
      • Strengthening of working capital or permanent capital, new investment in tangible or intangible fixed assets, and acquisition of companies that complement the business activity.

  • Maximum Financing Amount for both lines
    • €750,000.00
      • Limit of 25% of the company’s turnover of the year
  • Overall Financing Term
    • Short-Term Line:
      • Up to 1 year
    • Linha de Médio Prazo:
      • Up to 4 years
  • Grace Period
    • Short-Term Line:
      • None
    • Medium-Term Line:
      • Up to 6 months
  • Maximum Mutual Guarantee
    • 75%
  • Counter-Guarantee Fund Contribution Rate
    • 90%
  • Maximum Mutual Guarantee Commission
    • 1.875%
  • Spread
    • 4.450%
  • Credit Collateral
    • First-demand autonomous guarantee issued by SGM
    • Other guarantees in addition to SGM may be requested
  • Commissions, Charges, and Costs
    • Exempt from usual commissions and fees charged by the Bank and SGM
    • Costs associated with contracting borne by the beneficiary: property appraisal, registrations and deeds, taxes or fees, as well as other similar expenses.

Objectives and characteristics

Promote access to credit for companies that, having successfully completed an economic revitalization process through SIREVE or PER, or a restructuring process with the Credit Mediator’s mediation, need to finance working capital and investments associated with new cycles of expansion and growth.

Entidades Beneficiárias
SMEs
Beneficiaries’ Obligations
Located within national territory
Positive results in the latest approved financial statements
No outstanding debts to FINOVA
No unresolved incidents with banks at the date of contracting
Regularized situation with the Tax Authority (AT) and Social Security (SS) at the date of financing
Note: Companies that, at the date of application, hold debts to AT and SS may contract, with the financial institution proposing the operation, bridging loans intended solely and exclusively for the settlement of these debts. Up to 30% of the credit granted under this Line may be used for the full repayment of such bridging loans.
How to Apply
The company must contact a participating credit institution and submit the financing request/application to the Line:
Abanca
Banco Atlântico
Banco Bilbao
BPI
BCP
Banco Invest
Banco Português de Gestão
STD
Bankinter
CCCAM
CCAM da Chamusca
CCAM de Leiria
CCAM de Mafra
CEMG
Caixa Leasing Factoring
NB dos Açores
NB

Eligible Operations
Short-Term Line:
Working Capital Needs
Medium-Term Line:
Strengthening of working capital or permanent capital, new investment in tangible or intangible fixed assets, and acquisition of companies that complement the business activity.

Maximum Financing Amount for both lines
€750,000.00
Limit of 25% of the company’s turnover of the year
Overall Financing Term
Short-Term Line:
Up to 1 year
Linha de Médio Prazo:
Up to 4 years
Grace Period
Short-Term Line:
None
Medium-Term Line:
Up to 6 months
Maximum Mutual Guarantee
75%
Counter-Guarantee Fund Contribution Rate
90%
Maximum Mutual Guarantee Commission
1.875%
Spread
4.450%
Credit Collateral
First-demand autonomous guarantee issued by SGM
Other guarantees in addition to SGM may be requested
Commissions, Charges, and Costs
Exempt from usual commissions and fees charged by the Bank and SGM
Costs associated with contracting borne by the beneficiary: property appraisal, registrations and deeds, taxes or fees, as well as other similar expenses.