Various financial entities have financing lines for business projects.
avalmadrid is a Reciprocal Guarantee Society whose task is to facilitate and help the of the SMEs, self-employed y entrepreneurs full Region of Madrid, improving the financing and/or subsidy conditions that Madrid companies can access both in terms of cost and term.
The main financing lines of the Madrid SGR for SMEs, freelancers and entrepreneurs are the following:
El target One of this line is to facilitate financing for the start of their activity to those unemployed people registered as jobseekers who establish themselves as self-employed or self-employed workers in the Community of Madrid.
The investments that can be guaranteed will be those necessary for the establishment of unemployed people as self-employed or self-employed, the technical assistance necessary to improve the development of the business activity, as well as the coverage of the financing of training related to the management and business management.
El target One of this line is to facilitate financing for cooperatives and employee-owned companies that are going to incorporate worker partners or work partners, as well as making investments that contribute to the creation, consolidation and improvement of competitiveness.
The investments that can be guaranteed from this fund will be those necessary for the incorporation of worker members or work partners to cooperatives and employee-owned companies, for the contribution to the creation, consolidation or improvement of the competitiveness of cooperatives and employee-owned companies, for the provision of technical assistance, and for carrying out training activities, dissemination and promotion of the social economy directly linked to the promotion of employment.
El target One of this financial line is to promote the creation of companies in the Community of Madrid, facilitating entrepreneurs' access to preferential financing, under the best market conditions.
To do so, Avalmadrid has a line of financing that supports entrepreneurs, thus promoting financing and improving access to loans in order to help new business projects in our region get off the ground.
In the case of women entrepreneurs or businesswomen, there is also a bonus for study expenses through CERSA with the support of the Ministry of Health, Social Services and Equality
El Business Microcredit It is aimed at entrepreneurs who may have difficulties accessing financing. For its formalization, a Business Plan and a viability certificate issued by the Community of Madrid (collaborating entity) are necessary.
The final granting of the microcredit is subject to the analysis, study and application of specific criteria carried out by the financial entity (Microbank) both for the business project and for the entrepreneur.
This microcredit is intended to finance self-employment projects, small businesses and micro-enterprises.
Entrepreneurs interested in these or other ways of financing can contact the Advisory serviceto Entrepreneurs.
The Official Credit Institute (ICO) has several lines to finance both investment projects and liquidity needs of the self-employed and companies.
Line ICO Companies and Entrepreneurs. Financing aimed at the self-employed and Spanish companies. They can also request financing charged to this line, individuals and communities of owners exclusively for the rehabilitation of their homes. Transactions are processed directly through credit institutions.
ICO Line Guarantee SGR/SAECA. Financing aimed at the self-employed and Spanish or mixed companies with majority Spanish capital that have the endorsement of a Reciprocal Guarantee Company (SGR) or the State Limited Agricultural Surety Company (SAECA). The processing of the operations is carried out directly through the credit entities, in the Reciprocal Guarantee Societies or in SAECA.
The program ENISA financially supports recently established SMEs through the participatory loan through two different lines:
Young Entrepreneurs Line. Aimed at providing financing to recently established SMEs, created by entrepreneurs up to 40 years old.
Entrepreneurs Line. Aimed at financially supporting recently established SMEs, promoted by entrepreneurs with no age limit.