Is there a minimum loan amount?

Yes, the minimum you can request €600.

What if I request it and then don't need it?

You can withdraw from the loan within 14 calendar days after signing the contract. You also have to return the full amount as soon as possible (no later than 30 days), plus the interest accrued from the signing of the contract until the repayment date.

Next Generation Funds Supplemental Loan

Up to 10 years to repay.
You can choose from a fixed or variable interest rate.
Grace period on capital of up to 3 years (during this time, you only pay interest).

Finance 100% of the project

Combine a public subsidy and financing

We want your digitization, energy efficiency or sustainability project to go further. So, if you have requested a subsidy through the European Next Generation public funds but you need more capital, you can use this loan as a supplement.

The price is customized

Interest rate

Before closing the interest rate on the loan, we will discuss with you the details of your project. Although the price is personalized, here is an example you can use as reference.

See example

Fees

There are 2 fees for you to keep in mind:

- Commitment fee: paid only once. Up to 3% of the total amount.

- Early payment fee: charged every time you make an extra payment to repay the loan early. Up to 5% of the extra payment.

You can choose between monthly, quarterly, half-yearly and annual payments.

What are the conditions?

Requirements
You only need:

Be self-employed or an SME.

An account at BBVA.

Have applied for a subsidy through the Next Generation funds. You don't need to have your fund request approved yet, just submitted.

Note that each case is studied separately and the financing is always subject to approval by the bank.