Ecobanka presents the FREAC-2021 Fund to recapitalise businesses amounting to EUR 1 billion.

Businesses and companies affected by the pandemic are potential beneficiaries to access a direct loan from the fund.

The main eligibility criteria and conditions applicable for your application to be operations financed by the fund are as follows:

• Consolidated annual turnover between €15M and €400M.
• Financial difficulties due to a fall in turnover of more than 20% in 2020 compared to turnover in 2019.
• Maximum loan amount:
  • ForLarge Companies from €4M to €25M.
  • For SMEs from €3M to €15M.
• Application deadline until 31 December 2021.
• Jurisdiction of activity: Tax domicile Spain.
• Etc...

You can contact Ecobanka to benefit from this fund to access a soft direct loan to improve your business situation.

Our team will define the loan amount your company can access and carry out the required process until successis achieved.

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Don't miss this

Opportunity to Recapitalise your Business

and your corporate strategies in the year

2021/2022.

Apply for corporate finance through Ecobanka's Fintech, MyneoFintech:

 Immediate response and 24-hour operation.