BPF Impulsar Portugal Program TAE 4.275%

Eligible financing: Short-term working capital needs, with or without renewal, including loans, credit programs, promissory note financing, commercial paper, foreign receivables discounting, factoring, and confirming.

Maximum amount per business: €7.5 million

Maximum term per operation:

• Non-renewable financing: Up to 60 months
• Renewable financing: Renewed annually, for up to 60 months, with the option for the Bank and/or the Mutual Guarantee Company (SGM) to terminate the agreement at each renewal, subject to 60 days' notice.
• Factoring and Confirming: Renewed every six months, for up to 60 months, with the option for the Bank and/or the Mutual Guarantee Company (SGM) to terminate the agreement at each renewal, subject to 60 days' notice.

Mutual guarantee: 50% of the loan principal.

Eligible financing: Medium and long-term investments.

• Strategic business financing for the acquisition of equity interests (1) as part of business succession, scaling, or Management Buyout (MBO) and Management Buy-In (MBI) transactions.
• Financing through movable or real estate leasing.
• Financing for investments by financially sound businesses seeking to acquire companies experiencing financial difficulties or undergoing insolvency proceedings, up to a maximum of 80% of the total investment amount.
  

Maximum amount per business: €25 million.

Maximum term per operation: Up to 120 months.

Mutual guarantee: 70% of the loan principal.

(1) The acquisition of an equity interest in a target company must result in control of more than 50% of its share capital and a majority of the effective voting rights in the target company.

Eligible financing: Medium and long-term investment and working capital.

• Financing for business start-up investment and working capital.
• Medium- and long-term financing for investments in tangible and intangible fixed assets, including movable and real estate leasing, as well as leaseback arrangements, for recently established businesses.

Maximum amount per business: €1 million.

Maximum term per operation: Up to 120 months.

Mutual guarantee: 80% of the loan principal.

Eligible guarantees: Performance, bid, contractual compliance, and payment guarantees, among others, including as counter-guarantees for guarantees issued by a credit institution (CI).

Maximum amount per business: €2.5 million.
For payment guarantees specifically, the maximum guarantee amount per business is €1 million.

Types of guarantees:

• Government - Payment Guarantee
• Government - Contractual Compliance Guarantee
• Government - Bid Guarantee
• Government - Performance Guarantee
• Supplier - Payment Guarantee
• Customer - Contractual Compliance Guarantee
• Customer - Performance Guarantee

Maximum term per operation: Up to 120 months.

Mutual guarantee: 75% for guarantees in favor of credit institutions (CIs).