BPF Reconstruction Support Line (Treasury)
Global Allocation
Up to €1.000.000.000
Purpose
As part of the measures announced by the Government of Portugal to support Companies affected by the storms that struck the country, Banco Português de Fomento is responsible for two emergency public guarantee Facilities, totalling €2 billion, to support Companies and Entities in the Central Region affected.
The "Reconstruction Support Line – Treasury” aims to support immediate liquidity and treasury needs arising from the damage caused by storm "Kristin” in the municipalities covered by the state of calamity declared under Council of Ministers Resolutions No. 15-B/2026 of January 30 and No. 15-C/2026 of February 1, including any extensions thereof, namely for restoring cash flow, working capital, and covering current needs essential to the continuity of operations.
Beneficiaries
Companies or Entities meeting the following conditions may apply:
- Companies and other legal entities, Sole Proprietors (ENI – Individual Entrepreneurs), as well as regional or local public entities affected by storm "Kristin”, in the municipalities covered by the state of calamity declared under Council of Ministers Resolutions No. 15-B/2026 of January 30 and No. 15-C/2026 of February 1, including any extensions thereof;
- Regularised status with the Financial System, Tax Authority, Social Security and other Public Entities with competences in business support;
- Compliance with anti-money laundering and counter-terrorist financing regulations.
How to apply
Contact your Commercial Bank for further information.
Main Characteristics
| Maximum Amount per Company | Micro: up to €100,000 Small: up to €500,000 Medium-sized: up to €1,500,000 Large Companies and Other Entities: up to €2,500,000, depending on company size The amount available will be subject to the availability of State aid ceiling limits. |
| Validity Period | Until 30 June 2026. The deadline may be extended for an additional six months, by announcement of the BPF, should the facility not be fully utilized within the initial period. |
| Autonomous Guarantee | • 70% – Small Mid Cap, Mid Cap and Large Companies • 80% – Other Entities Maximum default coverage rate (cap rate) of 20% of the total disbursements verified at any given time. |
| Maturity | 5 years after the execution of the operation, with up to 12 months of grace period / drawdown availability |
| Interest Rate | The interest rate shall be borne by the beneficiary and shall be paid in arrears in accordance with the amortisation schedule of the transaction or at the end of the loan agreement. If the index or reference rate used is negative, it shall be deemed to be zero for the purpose of determining the applicable rate. The maximum spread applicable is 0.5%. |
| Commission | Maximum guarantee commission: Not applicable. |
| State Aid Regime | Minimis Regulation or General Block Exemption Regulation (GBER). |
| Credit Collateral | Additional guarantees may be required either during the credit assessment and decision process or throughout the term of the transaction to ensure proper fulfilment of obligations. |
Legal Notice:
The information provided herein is for promotional purposes only and does not replace consultation of the legally required pre-contractual, contractual, and protocol information, nor does it substitute the full reading of the documentation applicable to each financing instrument.
The conditions presented are merely indicative and may be adjusted in accordance with regulatory, legal, or operational developments.
The contracting of any financing, guarantee, or equity instrument is subject to eligibility verification, risk assessment, approval by the entities involved, and the specific conditions defined for each operation.