MicroBank (Ir a Inicio)
Through the European Commission’s new sub-programme, COSME COVID-19, Microbank is making a loan facility of €310 million available to the self-employed and micro-enterprises in order to meet the cash-flow needs stemming from the COVID-19 crisis.
We know that the state of alarm declared by the Spanish government to combat coronavirus may have been a decisive factor for the activity of some businesses like yours. That is why we are making the MicroBank EIF-COVID19 Business Loan available to you.
Discover the advantages that make the MicroBank EIF-COVID19 Business Loan the best option for you to continue with your usual business activity.
Between 12 and 60 months
Capital grace period
Up to 12 months
(*) Or until the amount of €310 million has been exhausted
Self-employed professionals and micro-enterprises with up to 9 employees and an annual turnover of less than €2 million.
The temporary cash-flow needs of businesses affected by COVID-19.
A grace period of up to 12 months can be requested, repaying the capital after the first year.
This financing is made possible thanks to the guarantee that has been provided by COSME and the European Fund for Strategic Investment (EFSI) set up under the Investment Plan for Europe. The purpose of EFSI is to help support financing and implementing productive investments in the European Union and to ensure increased access to financing.
Approval of the transaction is subject to an analysis of the applicant’s solvency and repayment ability based on the institution’s risk policies.
CaixaBank, S.A., agent entity of Nuevo MicroBank SAU, assigned Tax Identification Number (NIF) A65619421, and recorded in the Companies Registry of Madrid in Volume 31008, Folio 46, Section 8, Sheet M-558139, with registered office in Madrid at Calle Aduana 18.