Companies whose activity has been affected by the economic impact of the COVID 19 outbreak may apply to the Capitalizar 2020 Line (COVID 19)
2020/03/19
This state‑backed credit line is designed to support businesses facing liquidity shortages and operates as follows:
- Funding envelope – €200 million allocated to:
- Working capital: Short‑ and medium‑term bank loans.
- Treasury ceiling: Revolving credit facilities to give greater flexibility in cash‑flow management.
- Beneficiaries – Primarily micro, small and medium‑sized enterprises (SMEs) certified by IAPMEI, I.P., but also large companies.
- Allocation rule – Funds are granted on a first‑come, first‑served basis.
- Eligibility – Applicants must evidence at least a 20% drop in turnover in the 60 days prior to the application, compared with the same period of the previous year.
- Application process – Requests are submitted directly to participating banks.
Like other state‑supported credit operations, this line benefits from mutual guarantees and counter‑guarantee funds, covering up to 80% and 100% of the outstanding capital, respectively.
The line opened on 12 March 2020 and was initially scheduled to run until 31 May 2020, subject to possible extension
Rita Duarte | [email protected]
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RECENTES ATUALIZAÇÕES A ESTE ARTIGO:
19 de março 2020 | detalhe das coberturas Linha Capitalizar 2020 (COVID-19)