Financing Of the European Investment Fund

Dare to carry out your projects through the line of financing created through the agreement “Software” between LABORAL Kutxa and the European Investment Fund. It aims to promote the future of entrepreneurs, SMEs and self-employed.

Also, you have the financing in very special conditions to create or consolidate your business.

AUTONOMOUS AND SMALL BUSINESS FINANCING:

  • Up to 10 employees
  • Up to € 2,000,000 in turnover per year

Funding in special conditions:

  • Amount: € 25,000
  • Term: 5 years
  • Interest rate: 3.40% ITN
  • Opening commission:% 1

Financing objective:

  • Contribution to self-employment or cooperative or social economy companies.
  • Start-up of new micro-companies
  • Adaptation of machines, equipment goods, adaptation of offices or factories and commercial vehicles.

For example: At a loan of 20,000 euros for 36 monthly installments, Opening commission: € 200. ITN: 3.40%; UTB: 4.143%; Monthly fee: € 585.16; Full cost: € 21,265.63.

Note: The following are excluded: production and commercialization of arms, human cloning, tobacco, distilled alcohol production, random games, real estate purchase and refinancing.

This financing is supported by the European Union within the framework of the instrument of guarantee established in accordance with Regulation (EC) No 1296/2013 (EU) of the European Union and Council of the European Union Employment and Social Innovation Initiative (“EaSI”).

This financing is funded by the European Union, according to the European Union Employment and Social Innovation Program (“EaSI”) and the European Investment Strategies Fund (“FEIE”) created within the framework of the European Investment Plan. The FEIE’s objectives are to help finance and apply productive investment in the European Union and to make financing more accessible.

Financial support from the European Union, based on the Regulation of the European Parliament and the Council of 1296/2013 (EU), launched by the European Union for Employment and Social Innovation Program (“EaSI”) and the European Investment Strategies Fund (“FEIE”) created within the framework of the European Investment Plan ) in the framework of the guarantee instrument established. The FEIE’s objectives are to help finance and apply productive investment in the European Union and to make financing more accessible.