The line of subsidies for obtaining SAECA guarantees is extended by €6 million

On February 9, the BOE publishes the extension of €6 million of the line of aid intended for obtaining guarantees from the State Agricultural Guarantee Company (SAECA) to guarantee the financing of loans to owners of agricultural holdings and economic operators in the fishing sector or agri-food industries . With this extension, the credit enabled to facilitate financing for the agri-food sector through the ICO-MAPA-SAECA line is raised to €85 million (€25 million for the subsidy of guarantees and €60 million for the amortization of the principal).

This line of guarantee assistance is compatible with the aid for the amortization of the principal of the ICO-MAPA-SAECA line of credits.

Access the Ministry's press release here