Businesses and entrepreneurs ICO Facility

We help you to obtain a specific ICO Facility for entrepreneurs.

At BBVA, we offer help that companies and entrepreneurs need to make their work easier.
  • Up to 100% of the investment to be financed, plus VAT or tax of an analogous nature.
  • Up to 100% of needs of liquidity or expenses.

Features

  • Beneficiaries:

    • Self-employed workers, public and private organizations (companies, foundations, NGOs and government institutions).

    Validity: until the 12/27/2020.

    Eligible investments

    • Businesses and Self-Employed Workers: Investments within the national territory, up to 100% of the investment plan, VAT included, or liquidity needs.

    BBVA financing through the Lines ICO-2020. The granting of the operations is subject to the fulfillment of the requirements laid down in each of the ICO facilities and the prior authorization of the financing by BBVA.

Terms and Conditions

  • Maximum amount:  
    Up to 100% of the investment to finance, more the VAT or tax of analogous nature, or up to 100% of needs of liquidity, with an amount maximum of 12.5 million euros, in one or in several operations, so much formalized in the modality of loan as of leasing. 

    Operation term: 
    The customer can choose between:

    • 1 year, with no grace period or a 1 year grace period.
    • 2 years, with no grace period or a 1 year grace period.
    • 3 years, with no grace period or a 1 year grace period.
    • 4 years, with no grace period or a 1 year grace period.
    • 5 years, with no grace period or a 1 year grace period.
    • 6 years, with no grace period or a 1 year grace period.
    • 7 years, with no grace period or a 1 or 2 year grace period.
    • 8 years, with no grace period or a 1 or 2 year grace period.
    • 9 years, with no grace period or a 1 or 2 year grace period.
    • 10 years, with no grace period or a 1, 2, or 3 year grace period.
    • 12 years, with no grace period or a 1, 2, or 3 year grace period.
    • 15 years, with no grace period or 1, 2, or 3 year grace period.
    • 20 years, with no grace period or a 1, 2, or 3 year grace period.

    Interest rate: Fixed or Variable, with the differential varying depending on the term of the operation. 

    Voluntary early repayment: Total or partial (reducing the fee) early repayment is possible. With general character the fee for voluntary early cancellation be of 1% for operations formalized to Fixed RATE. For VARIABLE RATE transactions, it will vary depending on the remaining life of the transaction. These fees vary if the transaction is within the Law 41/2007, on regulation of the mortgage market, depending on when the termination occurs.

    BBVA financing through the Lines ICO-2020. The granting of the operations is subject to the fulfillment of the requirements laid down in each of the ICO facilities and the prior authorization of the financing by BBVA.

You might also be interested in

  • Tailored financing for your investment projects with the guarantee of the European Investment Bank.
  • Your loan from €3,000 up to whatever you need, with a maximum term of 10 years and a fixed, mixed or variable interest rate.
See more ICO Facilities

Be a BBVA customer.

  • At BBVA, we want to help you grow your business by offering the financing you need.
  • We are leaders in digital innovation working to make your life that bit easier.
  • We believe in doing things a transparent, clear and responsible way.
  • At BBVA, we want to help you grow your business by offering the financing you need.
  • We are leaders in digital innovation working to make your life that bit easier.
  • We believe in doing things a transparent, clear and responsible way.

Add your banks to the BBVA app

Discover BBVA One View

Add and manage all your business bank accounts in one place.

Manage all your accounts, make better decisions, and save time for your business.
Manage all your accounts, make better decisions, and save time for your business.

Your other banks

Add your other banks to the BBVA app.

View the status of your accounts, cards, recent transactions, pension plans, etc., with the BBVA app aggregation service.
View the status of your accounts, cards, recent transactions, pension plans, etc., with the BBVA app aggregation service.