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 holdings and sea fishing and aquaculture operators, up to 40 years old in the year the application is submitted, who are beneficiaries of MAPA - ICO - SAECA aids according to art. 6 of Decree-Law 4/2022, as amended by RD-L6/2022, RD-L11/2020, RD-L 4/2023, RD-L 5/2023 and Agreement of the Council of Ministers of November 11, 2024. 
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    
  • It will be established in the order of call, not exceeding in any case 400,000 euros for legal entities and 250,000 euros for self-employed, in one or several operations.
Maximum amount of aid
  • Up to 15% of the loan formalized, with a maximum amount of 15,000 euros per client, in one or several operations. The part of the loan that exceeds 100,000 euros will not be subsidized.
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 2027 and operations may be formalised until 15 November 2027.

Contenido de la pestaña información