Guarantees and bonds insurance for grants
Anticipate your grants and finance your projects with confidence.
Bond insurances for grants offer companies the possibility of accessing advance financing, thus allowing for the immediate start of their projects without waiting for their completion.
Bond insurances for grants are a type of insurance that allows policyholders, generally legal entities receiving subsidies, to request the payment of the expected amount before the objective to be fulfilled is completed. This type of insurance is ideal for companies looking to finance their projects by anticipating the subsidy funds. By doing so, it avoids waiting until the project's completion to receive the funds, providing greater financial peace of mind.
Grants can come from local entities, Central Administrations, and organizations such as the Instituto para la Diversificación y Ahorro de la Energía (IDAE), the European Agricultural Guarantee Fund (EAGF), the Centro para el Desarrollo Tecnológico Industrial (CDTI), and the Programa de Fomento de la Investigación Técnica (PROFIT). Among the most relevant subsidies are Reindustrialización (Reindus) and the European Regional Development Fund (ERDF), which have unique and differential characteristics.
Highlights
Help with financing
It acts as an additional source of financing without generating banking risk.
Debt capacity
It does not have a negative impact on the company's debt capacity.
Guarantee for the Administration
The Administration ensures the proper use of the grants awarded to the company.
Guarantees and bonds insurance for grants
How can we help you?
Contact your specialists for Guarantees and bonds insurance for grants
Frequently asked questions
Why take out the Bond Insurance for Grants?
Taking out this insurance allows the company to avoid assuming the planned investment, in whole or in part, with its own resources, as it would receive the grant in advance. Types of Grants: FEDER Funds. Reindus. Emprendetur. CDTI.
How to Request the Bond Insurance for Grants?
To request the insurance, simply fill out the corresponding questionnaire and send it along with the documentation specified in it.
Documentation to be Provided
The necessary documentation to apply for the Bond insurances includes:
Completed questionnaire.
Financial statements for the last fiscal year and financial progress for the current year.
Deed of incorporation or adaptation of bylaws.
Information about experience.
Liability insurance policy.
Applicable legislation
Decree 167/2005, of July 12, which modifies Decree 281/2002, of November 12.
Decree 281/2002, of November 12.
Law 22/1973, of July 21.
Real Decreto 863/1985, of April 2.
Real Decreto 2685/1980, of October 17.
Real Decreto 324/2000, of March 3.