The ICF and the Ministry of Agriculture, Livestock, Fisheries and Food sign an agreement of collaboration on the subject of loans to promote the implantation of Leader projects

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24/07/18

The objective of the loans is to facilitate the implantation of projects that promote the participative local development benefited with a Leader help, within the framework of the program of Rural Development of Catalonia 2014-2020.

The ICF and the Ministry of Agriculture, Livestock, Fisheries and Food (DARP) have signed an agreement of collaboration on the subject of loans, with preferential conditions, to facilitate the implantation of projects of participative local development benefited with a Leader help, within the framework of the program of Rural Development of Catalonia (DPR) 2014-2020.

Under this line of loans, endowed with 20 million euros, it could be able to fund projects that have asked for a Leader help in a call of the DARP solved in 2018, as well as projects that obtain a help in future calls.

The ICF, as a collaborator entity adhered to the agreement, will study the requests of loans once the DARP issues the report of project feasibility. If applicable, the ICF will also formalize them.


Financial terms of the loans

Type of investment

Term

Grace Period

Interest rate

Guarantee SGR/ Mortgage Guarantee

Personal guarantee

Superior to 100.000 (more of 65% are real estate)

Until 20 years

Until 3 years

EURIBOR 12 months more a differential of until a maximum of 2.15%

X

All of them

Until 10 years

Until 2 years

EURIBOR 12 months more a differential of until a maximum of 2.90%

The requests of these loans have to be made through the general line ICF Credit of the web of the ICF.

ICF leader