Avalis facilitates access to funding for Catalan startups and SMEs before financial institutions.
Avalis is a Mutual Guarantee Company, promoted by the Government of Catalonia, which collaborates with the entire Catalan financial sector facilitating access to the financing for startups and SMEs Catalans before financial institutions. Through the improvement of the economic conditions of operations, covering possible deficiencies in guarantees and solvency before financial institutions from which Catalan startups and SMEs apply for loans and grants. Currently, and as a result of the current financial situation. Avalis is facilitating access to funding of working capital, as well as the restructuring of liabilities. Its main objective is that, in Catalonia, SME and self-employed business projects have good access to finance with the best conditions.Avalis de Catalunya facilitates financing by providing financial guarantees that can be divided into three types: before Financial Institutions, economic guarantees to customers and suppliers, as well as the tender and execution of public tenders, through its lines of technical guarantees.
Financial guarantees for:
- The financing of companies of new creation or startups.
- The financing of investments in long-term fixed asset.
- Funding for the needs of circulating.
- Grant advances.
Financial guarantees for:
- Respond to compliance with contracts with suppliers and/or customers
- Endorsements national and international
Technical endorsements for:
- Public tender tenders before the Administration.
- Guarantees in compliance with a warranty.
What are the advantages of AVALIS for startups and SMEs?
AVALIS offers:
- Un access to public and private funding, with the main objective of allowing startups and SMEs to access funding that they would not achieve without their endorsement, since sometimes it can be difficult for the financial sector to see the viability of certain projects.
- Advice from AVALIS technicians. When a startup or SME formalizes a guarantee with the entity, it immediately becomes a participating partner of AVALIS.
- Improved negotiating capacity. The Mutual Guarantee Company negotiates global agreements with financial institutions to facilitate access to loans and credits for Startups or SMEs. Therefore, AVALIS acts as a bridge between the financial institution and the startup or SME.
- It expands the ability to access the loan or credit. With the guarantee, companies have a greater capacity to obtain financing, both in the long and short term, from financial institutions.
- Improves financial conditions. Financial institutions offer better interests and a longer term because they are guaranteed transactions, since in this way the risk of providing capital decreases.
From Intelectium Business Acceleration, we help you to request endorsements from the AVALIS entity. Contact us by clicking hither.
