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ICO International Facility
The most relevant characteristics of the financial support provided by this fund are as follows:
- Eligible projects: investment projects undertaken abroad by companies with a majority of Spanish capital, including firms headquartered in Spain as well as those with registered offices abroad.
- Types of financial support: medium- and long-term loans to the Spanish project sponsor or the project company, if a majority of its share capital is Spanish.
- Ceiling: The maximum sum by company and year is: Up to 10 million euros in a single or several operations.
- Present capital endowment (2012): 1,000 million euros.
- Access: applications may be submitted to COFIDES or any other financial institution offering this line of financing.