+Sustainable Tourism Support Line

Support for companies in making investments to acquire equipment, systems or to implement solutions that contribute to the energy transition and alignment with a carbon neutrality trajectory, through actions aimed at reducing greenhouse gas emissions, the incorporation of energy from renewable sources, the reduction in primary energy consumption, efficient water management, the decarbonization of mobility, efficient waste management, circularity and the protection and enhancement of biodiversity.

Beneficiary entities can be SMEs or large companies.

The financing request is formalized at one of the banks participating in this line in a protocol with the Development Bank. After analysis by the bank, the request is also analyzed by an SGM to ensure up to a maximum of 80% guarantee.

Per company, the maximum financing amount is €750,000.

The financing is repayable, with a maximum term of up to 15 years (including a maximum grace period of 4 years) and interest (Euribor + Spread, between a minimum of 1.325% and a maximum of 3.464%).

The mutual guarantee commission ranges from a minimum of 0.657% to a maximum of 5.118%.

Credit institutions may also charge a fee for setting up and structuring the operation of up to 0.25%.

Financing can be converted up to a maximum of 20% debt forgiveness if targets for increasing revenue and reducing water and energy consumption are achieved, to be evaluated in the year following the evaluation year (i.e., if the full financial year after project completion is 2025, so measurement is done in 2026).