Guarantee for loans with advantageous terms
For Startups and SMEs based in the Community of Madrid, the financial institution Aval Madrid offers grants in the form of a bank loan in which it acts as a guarantor against financial institutions.
The financial institution Aval Madrid has the support of the Community of Madrid to promote and promote the growth of startups and SMEs in Madrid acting as a guarantor before financial institutions to obtain loans with advantageous conditions. It has multiple lines aimed at facilitating the financing of exporting companies, the internationalization of companies and technological projects, among others.
Through the Aval de Aval Madrid, Madrid's startups and SMEs can access the financing of credit institutions with the best market conditions (with preferential interest rates, long payment terms, minimum costs...).
Aval Madrid Features
The entity promotes startups in Madrid.
Bank loans with Euribor + 3% interest rate in which Aval Madrid acts as Avalista
Guarantees to be determined by the bank. Aval Madrid imposes several commissions to endorse the project.
Maximum amount up to 1M.
The maximum term of up to 7 years, 15 if it is with mortgage guarantee.