In the scope of the 2nd phase of the government program “Digital Economy – Industry 4.0”, which aims to accelerate the adoption of technologies and concepts of Industry 4.0 in the Portuguese business sector, the new conditions of the Industry 4.0 / Digital Transformation Support Credit Line are already available.
Managed by PME Investimentos, this credit line provides € 100 million for the digital transformation of companies with more favorable conditions for companies that acquire, develop or produce technological solutions within the scope of Industry 4.0
This new set of conditions represent increased advantages for companies such as: longer loan maturity (up to 7 years), increase in the grace period (from 1 to 2 years), larger deadline for completion of the project (from 1 to 2 years) and a greater subsidised of the guarantee fee (from 50% to 100%).
The Industry 4.0 / Digital Transformation Support Credit Line is one of the instruments of the Capitalizar 2018 Credit Line launched by the Ministry of Economy in July 2018.
Learn more here or contact your Bank