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Both, joint ventures and subsidiaries of Spanish companies can obtain COFIDES financing in eligible countries to undertake projects in order to create a new business, to buy an existing business or to expand existing activity.
COFIDES provides share capital holding (up to 49%), subordinated loans, joint venture loans, and ordinary loans, regular loans to the project company and to the Spanish investor (up to 80%).
The financing available per project starts at €75,000.
With its own resources COFIDES finances investment projects only in developing and emerging countries.