MAPA-ICO SAECA SGR/SAECA Guarantee

Financing for general business needs following loss of profit due to drought and other adverse climatic phenomena

MAPA-ICO SAECA SGR/SAECA Guarantee
Who is it for?
  • Owners of agricultural operations and sea fishing and aquaculture operators that are beneficiaries of MAPA-ICO - SAECA aid in accordance with Article 6 of Royal Decree-Law 4/2022, amended by Royal Decree-Law 6/2022
Where can I apply?    
  • At credit institutions directly
  • Applications for MAPA aid will be submitted by the Credit Institution when applying for the financing
Maximum amount per customer    
  • Up to EUR 100,000, in one or more operations
Maximum amount of aid
  • Up to EUR 15,000 in aid, cumulative 
What does it finance?    
  • Business liquidity needs 
Method
  • Loan
Interest rate
  • Fixed or variable, plus the margin established by the credit institution according to the repayment term, without prejudice to what is agreed with SAECA for obtaining the guarantee
  • Consult Maximum Annual Cost.
Repayment term and grace period
  • From 1 to 15 years, with the possibility of up to 3 years of grace period for repayment of principal
  • No total or partial early repayments can be made in the first year of the loan
Validity    
  • Aid may be applied for until 15 September 2024 and operations may be formalised until 15 November 2024.

Contenido de la pestaña información