Linea Agenda Digital, through ENISA, provides participative loans for ICTs

Integral service around a transaction
BY : Diego GutiérrezOctober Mon, 2013


public financingA line of financing from the Secretary of State for Telecommunications and the Information Society (SETSI) aimed at financially supporting the start-up and development of business projects in the field of ICTs, with the aim of promoting the development and launch of new products and services, contributing to the generation of employment and wealth in a sector with high growth potential.



- Be an SME as defined by the EU and be incorporated as a commercial company.

- Main activity and registered office in the national territory.

- Innovative/novel business model, or with clear competitive advantages.

- Not be in the real estate or financial sector.

- Co-financing of the financial needs associated with the business project.

- Level of own funds at least equal to the amount of the loan requested from ENISA.

- Balanced financial structure.

- Professionalism in management.

- Technical and economic viability of the business project.

- Accounts filed with the Companies Registry for the last financial year for which the accounts have been closed.


- Participatory lending.

- Amount of the loan:

- Minimum: €25,000
- Maximum: €300,000

In determining the amount, the level of own funds and the financial structure of the company shall be assessed, inter alia, on the basis of the level of own funds and the financial structure of the company.
- A bank guarantee will be required, which will be calculated on the basis of the risk arising from the operation, obtained after analysis.
of the business plan presented and according to ENISA's expert methodology.

A rating: 5% of the loan principal.
B rating: 20% of the loan principal.
Rating C: 25% of the loan principal.

- The interest rate will be applied in two tranches:

First tranche: Fixed rate: Euribor + 2.5%

Second tranche: Fixed interest + 8 additional maximum %, depending on the financial performance of the company.
- Arrangement fee: 0.5%
- Maturity: maximum 9 years, including the grace period.

- Principal grace period: maximum 7 years.

- Early redemption fee: equivalent to the amount that the amount redeemed early would have accrued as the second tranche of interest if it had been redeemed on the terms initially envisaged.
- Early repayment fee for change in shareholding: equivalent to the amount that the outstanding principal balance of the loan, at the time of early repayment, would have accrued as the second tranche of interest if the loan had been repaid on the terms initially envisaged.

- Quarterly amortisation of interest and principal.

If your company is thinking of developing a project in the field of ICT, please contact us and we will analyse your case without obligation.

ABRA INVEST has a team specialised in public financing with more than 15 years of experience.



Telephone: +34 946424142

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