Mid Cap Business Capitalization Credit Line

The program aims to facilitate access to long-term financing for SMEs and mid-caps, offering more competitive conditions through credit institutions. The support is intended to promote the modernization, innovation, and internationalization of companies, strengthening productive investment and economic competitiveness.

Geographical Scope

Portugal

Financing

Up to 50.000.000,00€

Funders

Millennium BCP
Novo Banco

Eligible Entities

SMEs
Mid Caps

Mid Cap Business Capitalization Credit Line

The program aims to facilitate access to long-term financing for SMEs and mid-caps, offering more competitive conditions through credit institutions. The support is intended to promote the modernization, innovation, and internationalization of companies, strengthening productive investment and economic competitiveness.

Geographical Scope

Portugal

Financing

Up to 50.000.000,00€

Funders

Millennium BCP
Novo Banco

Eligible Entities

SMEs
Mid Caps

Objectives and characteristics

  • The Mid Cap Business Capitalization Credit Line aims to provide Portuguese SMEs and Mid Caps with long-term financing at lower cost, by transferring to companies more competitive funding conditions through Credit Institutions.

  • SMEs
  • Mid Caps
  • Eligibility Criteria
    • Projects that promote modernization, innovation, or internationalization
    • Exclusion of refinancing of existing debt
    • Only 50% will be used for financing Sub Projects carried out by Mid Caps.
  • Allocation Conditions and Terms
    • Final Beneficiaries and Subprojects must be mostly located in Portugal.

  • SMEs and Mid Caps:
    • Investments in subprojects with a total cost up to €25,000,000.00
    • The total cost of each subproject cannot exceed the equivalent of €25,000,000.00
    • The EIB (European Investment Bank) allocation may reach up to 100% of the financing granted by the Borrower to the Final Beneficiary but cannot exceed €12,500,000.00
  • Mid Caps:
    • Investments in subprojects with a total cost greater than €25,000,000.00 and up to €50,000,000.00
    • The total cost of each subproject must be greater than €25,000,000.00 and cannot exceed €50,000,000.00
    • As a general rule, EIB financing must not exceed 50% of the cost of the subproject.
  • Financial Intermediaries
    • Millennium BCP
    • Novo Banco
  • Eligible Costs
    • Purchase, renovation, or expansion of tangible assets, including development and planning costs during the construction phase
    • Financing costs during the construction phase, up to 10% of the total cost of the subproject
    • Financing for the purchase of land that is technically essential for the investment, up to 10% of the total cost of the subproject
    • Purchase of non-real estate assets for the purpose of leasing to third parties
    • Investments in intangible assets
    • Working capital
  • Priority Sectors
    • Industrial sector, particularly machinery and equipment manufacturers, playing a decisive role in transforming the national production structure and with higher export potential
    • Agricultural sector (agrifood and agroindustrial) and Tourism
    • Companies developing innovation strategies in the areas of new products, processes, or services, production, or distribution methods, as well as organizational models, adapting businesses to the needs of
    • Industry 4.0.
  • Overall Financing Term
    • Up to 12 years

Objectives and characteristics

The Mid Cap Business Capitalization Credit Line aims to provide Portuguese SMEs and Mid Caps with long-term financing at lower cost, by transferring to companies more competitive funding conditions through Credit Institutions.

SMEs
Mid Caps
Eligibility Criteria
Projects that promote modernization, innovation, or internationalization
Exclusion of refinancing of existing debt
Only 50% will be used for financing Sub Projects carried out by Mid Caps.
Allocation Conditions and Terms
Final Beneficiaries and Subprojects must be mostly located in Portugal.

SMEs and Mid Caps:
Investments in subprojects with a total cost up to €25,000,000.00
The total cost of each subproject cannot exceed the equivalent of €25,000,000.00
The EIB (European Investment Bank) allocation may reach up to 100% of the financing granted by the Borrower to the Final Beneficiary but cannot exceed €12,500,000.00
Mid Caps:
Investments in subprojects with a total cost greater than €25,000,000.00 and up to €50,000,000.00
The total cost of each subproject must be greater than €25,000,000.00 and cannot exceed €50,000,000.00
As a general rule, EIB financing must not exceed 50% of the cost of the subproject.
Financial Intermediaries
Millennium BCP
Novo Banco
Eligible Costs
Purchase, renovation, or expansion of tangible assets, including development and planning costs during the construction phase
Financing costs during the construction phase, up to 10% of the total cost of the subproject
Financing for the purchase of land that is technically essential for the investment, up to 10% of the total cost of the subproject
Purchase of non-real estate assets for the purpose of leasing to third parties
Investments in intangible assets
Working capital
Priority Sectors
Industrial sector, particularly machinery and equipment manufacturers, playing a decisive role in transforming the national production structure and with higher export potential
Agricultural sector (agrifood and agroindustrial) and Tourism
Companies developing innovation strategies in the areas of new products, processes, or services, production, or distribution methods, as well as organizational models, adapting businesses to the needs of
Industry 4.0.
Overall Financing Term
Up to 12 years