Lynea SME is a funding programme for business projects covering the modernization of its production structure and management.

The Government has established an aid spending 84 million euros for the financing of enterprises. The increase in approved budget will allow over 250 innovative entities to get funding to invest in the development of their business projects.

Basic characteristics of the aid:

• Participatory and unsecured loan
• Interest rate based on the results of the beneficiary company, with a minimum and a maximum:
  • Minimum: determined by Euribor to one year + 0.75%
  • Maximum: Depending on the profitability of the company, up 5 percent over the minimum interest rate above mentioned.

Conditions for access to finance

• Be SME corporate form, in accordance with the definition set out in the recommendation of the Commission of the European Union on August 6, 2008 and be framed in any sector of activity, except for the real estate and financial
• The financing of ENISA will be linked to the economic and financial structure of the company as well as its solvency
• Quality and viability of the business plan, which will offer a return adequate to the risk
• Professionalism of management: business experience in the sector, technical training and coverage of all management areas of the company.
• Have audited financial statements and/or accounts deposited in the registry, in the case of not being a start-up company

More information and processing: http://www.enisa.es/Financiacion_Enisa.aspx