Eligible investments and/or expenditures shall be the following: a) The acquisition, renovation or extension of tangible assets other than land. b) Intangible assets. c) Medium and long-term working capital requirements as defined below. The funding under this line can be used to provide a stable working capital base to enable beneficiaries to finance obligations arising from their business cycle, as part of their normal activities.
In any case, the maximum amount of funding per Beneficiary will be 300,000 euros and the minimum 50,000 euros. Repayment period: Four years maximum, including a grace period of up to fifty percent of the total term, adapted to the characteristics of the project. The minimum term of the loan will be two years.
Deadline until 31/12/2018
