Bankinter refuses to respond to Spanish business projects to advance faster in the Next Generation EU program. For this reason, it has renewed its service on European funds with a battery of specific financial solutions.
The objective is that companies can streamline their initiatives within this aid framework approved by the European Commission. At the end of this, you can access the Next Generation EU Loans, which offers useful financing, you will find the part of the investment that is not cubic for European visitors. It is usual that the subsidy does not reach 100% of the import necessary to start a project.
To save their default, companies will be able to access different options, both in volition terms and in amortization modalities.
On the other hand, for those cases in which the European aid is conditional on the start-up of the specific business project, Bankinter offers as a solution and anticipation of the subsidy, which can cover up to 100% of the aid obtained by the companies. The bank already offers this possibility.
Added to all this are the Next Generation EU Guarantees, which allow faster processing of projects. The companies have availability both nationally and internationally, if this is a requirement for receiving the loss of the aid granted. In this sense, those companies that already have an open guarantee line at the bank can relaunch the process in a more agile way and completely online.
Information on these products can be found in the specific section on European funds on the Bankinter website.
Advisory service
From the outset, Bankinter promotes support for Spanish companies so that they can benefit from European aid, which is a factor of undoubted contribution to the progress of the Spanish economy.
The bank's commitment to the Next Generation EU program materialized year after year with the launch of an advisory and support service for companies designed for said program.
If in addition the number of companies that benefited from this service reaches 1.076 now, three months later, that figure has grown by 67%, since now there are 1.800 companies that make use of this specific service.
For the advisory service, the bank established an agreement with the FI Group, a consulting firm specialized in managing European funds and the first in terms of volume (36,3%) and acceptance (97,2%) of motivated reports for tax deductions for R+D+i, according to data from the Ministry of Science and Innovation. Likewise, every ten operations financed by the Center for Industrial Technological Development (CDTI) in 2020 were managed by FI Group, which also has a 90% success rate in managing aid requested by the Institute for Diversification and Energy Saving (IDAE). FI Group has 38 pharmacies in the international environment and 1.500 employees.
This Bankinter service is free for business customers until they receive the aid and facilitate the necessary procedures as well as providing support in the structuring and drafting of projects, technical assistance and presentation of applications at the corresponding public windows. Likewise, you can provide them with an audit aimed at verifying and economic justification of the financing obtained, among other sales.
34 accounts with business associations
It should also be noted that Bankinter has signed a total of 34 agreements with business associations from all kinds of sectors to make available to its associates both access to its comprehensive advisory service on European funds, as well as its financial support, through this Netx Gen EU Solution Battery.
