Bankinter strengthens its support for Spanish business projects to move faster through the programme. Next Generation EU. It has therefore renewed its service on European funds with a number of specific financial solutions.
The aim is for companies to organize their initiatives within the framework of this aid approved by the European Commission. For this purpose, they can access Next Generation EU LoansOffering beneficial financing as it supports the part of the investment that is not covered by the European aid. It is normal that the grant does not reach 100% of the amount required to start a project.
To close this gap, companies will have access to different options in both repayment terms and amortization methods.
On the other hand, where European assistance is contingent on the initiation of a particular business project, Bankinter offers prepayment of the subsidy as a solution; companies. The bank has already offered this possibility.
In addition to all this Next Generation EU GuaranteesIt enables faster processing of projects. Companies have both national and international guarantees and this is a requirement for them to receive payment for the aid granted. In this sense, companies that already have an open collateral line in the bank can carry out the process more agile and fully. online.
Information on these products can be found on the Bankinter website in the special section on European funds: Business Finance | NGEU | Banker Companies.
The support and advisory service the bank launched almost a year ago already benefits 1,800 companies, 67% more than four months ago
An important bet with advisory service
From the very beginning, Bankinter encourages support for Spanish companies so that they can benefit from European assistance, which will undoubtedly contribute to the progress of the Spanish economy.
Bank’s commitment to the program Next Generation EU almost a year ago with the launch of a consulting and support service for companies designed for this program.
If the number of companies using this service in January reached 1,076 three months later, that number has increased by 67% as there are now 1,800 companies using this service.
For the advisory service, the bank signed an agreement with the FI Group, which specializes in the management of European funds and is the first in terms of volume (36.3%) and acceptance (97.2%) of motivated reports for tax breaks for R+. According to D+i, Ministry of Science and Innovation data. Similarly, one in ten operations funded by the Center for Industrial Technological Development (CDTI) in 2020 was managed by the FI Group, which had a 90% success rate in managing aid requested by the Institute for Diversification and Energy Conservation (IDAE). FI Group has 38 international offices and 1,500 employees.
This Bankinter service is free of charge for the client companies until they get the help and provides support in configuring and preparing the projects, technical assistance and presenting the applications in the relevant public windows as well as facilitating the necessary procedures. Likewise, it can, among other advantages, provide them with an audit of the verification and economic justification of the funding obtained.
34 agreements in total with business associations
It should also be noted that Bankinter has signed a total of 34 agreements with cooperation from all kinds of sectors in order to provide access to both comprehensive consultancy service on European funds and financial support through this battery. your solutions Netx Gen AB.