ICO Crecimiento loan application (direct financing from the ICO)

ICO Crecimiento loan application (direct financing from the ICO) is filed with Instituto de Crédito Oficial (ICO), ICO Online. With Managora you do it 100% online: you answer a few questions, sign a digital mandato (power of representation) and we draft, sign and file your application for you. What we charge you: from €599. Official tasa (government fee): No tasa (official fee). If the ICO grants the loan, it charges an arrangement fee of 0,5 % of the amount drawn up in the contract, deducted from the first drawdown (500 € per 100.000 €). If the ICO makes the loan conditional on a guarantee (it does so if your accounts are not audited, and may also do so with audited accounts if its risk analysis advises it), the guarantee has its own cost: with a State or bank guarantee, it is included in the interest rate; with an SGR, an assessment fee, a guarantee fee and a refundable contribution to its capital. If the ICO asks you for an official credit rating from an ESMA-accredited agency, that rating also has its cost.

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We prepare and submit your application for ICO Crecimiento, the loan granted directly by the ICO (Spain's Official Credit Institute), with no bank in between, from 50.000 € for investment or working capital. We check against your accounts that your company meets the requirements and draft the technical report with the minimum sections the ICO requires, the declaraciones responsables (sworn statements) and the form. We submit it on ico-online as your company's authorised representative and answer requests for information until the decision, which is made by the ICO.

What we charge you: from €599
Managora's fee: €599.00 (21% VAT incl.)
Tasa (official government fee): No tasa (official fee). If the ICO grants the loan, it charges an arrangement fee of 0,5 % of the amount drawn up in the contract, deducted from the first drawdown (500 € per 100.000 €). If the ICO makes the loan conditional on a guarantee (it does so if your accounts are not audited, and may also do so with audited accounts if its risk analysis advises it), the guarantee has its own cost: with a State or bank guarantee, it is included in the interest rate; with an SGR, an assessment fee, a guarantee fee and a refundable contribution to its capital. If the ICO asks you for an official credit rating from an ESMA-accredited agency, that rating also has its cost.
Processing time: Applications until 31 December 2027 or until the line's 1.000 million is used up. If documents are missing, there are 5 working days from notification to provide them or the application is treated as withdrawn; if the ICO asks for additional information, there are 5 days from the request. Once the loan is granted, there are at most 3 months to sign it, extendable once by another 3.
Where it is filed: Instituto de Crédito Oficial (ICO), ICO Online ↗
What you receive: Application

Cost breakdown: Loan of 50.000 to 100.000 €: 599 €. Loan of 100.001 to 300.000 €: 899 €. Loan of over 300.000 €: 1.299 €. VAT included in all three. No tasa (official fee): if the ICO grants the loan, it charges an arrangement fee of 0,5 % of the amount drawn up in the contract..

ICO Crecimiento loan application (direct financing from the ICO): how is it filed?

1Answer the questions (around 20 minutes) and upload the company's accounts and documents.
2If any answer shows that your company cannot apply for ICO Crecimiento, we tell you before you pay and point you to the route that works for you.
3Payment according to the amount you are asking for: 599 €, 899 € or 1.299 € (VAT included).
4We check the requirements against your accounts and prepare the technical report with the minimum sections the ICO requires, the declaraciones responsables (requirements, de minimis and, if there is investment, the State aid one) and the application form.
5Your legal representative signs the form and the declarations electronically, and we submit the application on ico-online as your company's authorised representative.
6We answer the ICO's requests for information within the 5-day deadline it allows, until the decision. If granted, the company signs the loan with the ICO.

Which documents do you need?

•Annual accounts for the last two closed financial years (the prepared or provisional ones if the latest have not yet been filed), with the audit reports if they are audited.
•Interim accounts for the current financial year.
•Deed of incorporation and any amendments, and the deed of appointment or power of attorney of whoever signs.
•DNI or NIE of the legal representative.
•Repayment schedules for outstanding loans and statements for credit facilities over the last 12 months, if you have any.
•Quotes or invoices for the investment, if the loan is for investment.
•The group's accounts for the last financial year, if the company belongs to a group.

Prerequisites we also handle for you

This procedure may require documents that we also obtain. If your case needs one and you do not have it, ask us for it here and come back once you have it:

Certificado de estar al corriente (tax and Seguridad Social clearance certificate)from €99

Legal basis and things to bear in mind

Status at 7 October 2026: the line is open. It accepts applications until 31 December 2027 or until its 1.000 million is used up, in order of submission; if it runs out earlier, the ICO publishes the closing date on its website.
It is a direct loan from the ICO, not a grant: from 50.000 € with no maximum. For investment it finances up to 80 % of the investment, over a maximum of 10 years with up to 2 years' grace period; for working capital, up to 100 % of the amount requested, over a maximum of 5 years with up to 1 year's grace period, paid out in one go within 15 calendar days of signing.
Cost: one-year Euribor (never below 0 %) plus a margin of 1,75 %, reviewed every year; with a guarantee from the State or a bank the margin drops to 1,25 % or 0,75 % depending on the percentage guaranteed, plus the cost of the guarantee; with a 100 % SGR guarantee, the rate is based on that SGR's agreements, plus the costs of the guarantee. Arrangement fee of 0,5 % of the amount drawn up and 0,5 % of any amount repaid early.
ICO filters: an SME trading company at least 4 years old, audited accounts for the last two financial years (or a guarantee in their place), no losses in the last two financial years and no negative net equity, no arrears in the CIRBE (Banco de España credit register) and a minimum credit rating of B on the Standard and Poor's scale (B- or lower is out), checked by the ICO; to check it, the ICO may ask you for an official rating from an ESMA-accredited agency, which comes at a cost. If the company belongs to a group, the group is checked too.
The loan may carry an implicit public aid element: working capital always goes under the de minimis scheme, capped at 300.000 € of aid over three years. The ICO also scores sustainability from 0 to 6 points: below 2 it requires an improvement plan and, if that is not met within 24 months, an extra fee of 25 basis points (0,25 %) on the nominal amount drawn up.
Consultancy costs incurred to apply for the financing, no more than 12 months before the application, can be financed within the loan, up to 100 %.
The ICO's Operations Committee decides whether to grant the loan: we cannot guarantee it. There is no administrative appeal against inadmissibility or refusal, although you can apply again once the defects are corrected. Signing the contract, in a public deed, the later proof of how the funds were used and arranging with the SGR or the bank any guarantee the ICO sets as a condition are not included.

ICO Crecimiento loan application (direct financing from the ICO): frequently asked questions

ICO Crecimiento loan application (direct financing from the ICO): how much does it cost?

We charge you from €599: our fee plus, where applicable, the fixed official tasa we advance. Loan of 50.000 to 100.000 €: 599 €. Loan of 100.001 to 300.000 €: 899 €. Loan of over 300.000 €: 1.299 €. VAT included in all three. No tasa (official fee): if the ICO grants the loan, it charges an arrangement fee of 0,5 % of the amount drawn up in the contract.. Managora's fee is €599.00, 21% VAT included (€495.04 net + €103.96 VAT). The official tasa charged by the authority (a suplido paid on your behalf, no VAT) is: No tasa (official fee). If the ICO grants the loan, it charges an arrangement fee of 0,5 % of the amount drawn up in the contract, deducted from the first drawdown (500 € per 100.000 €). If the ICO makes the loan conditional on a guarantee (it does so if your accounts are not audited, and may also do so with audited accounts if its risk analysis advises it), the guarantee has its own cost: with a State or bank guarantee, it is included in the interest rate; with an SGR, an assessment fee, a guarantee fee and a refundable contribution to its capital. If the ICO asks you for an official credit rating from an ESMA-accredited agency, that rating also has its cost..

ICO Crecimiento loan application (direct financing from the ICO): how long does it take?

Applications until 31 December 2027 or until the line's 1.000 million is used up. If documents are missing, there are 5 working days from notification to provide them or the application is treated as withdrawn; if the ICO asks for additional information, there are 5 days from the request. Once the loan is granted, there are at most 3 months to sign it, extendable once by another 3.

ICO Crecimiento loan application (direct financing from the ICO): which documents do I need?

You need to have to hand: Annual accounts for the last two closed financial years (the prepared or provisional ones if the latest have not yet been filed), with the audit reports if they are audited., Interim accounts for the current financial year., Deed of incorporation and any amendments, and the deed of appointment or power of attorney of whoever signs., DNI or NIE of the legal representative., Repayment schedules for outstanding loans and statements for credit facilities over the last 12 months, if you have any., Quotes or invoices for the investment, if the loan is for investment., The group's accounts for the last financial year, if the company belongs to a group.. You do not upload them here: we collect the details through the guided chat.

Who files the procedure?

Managora files it in your name with Instituto de Crédito Oficial (ICO), ICO Online. You only provide the details through the chat and sign a mandato (power of representation); we prepare, sign and register it.

Can it be done online?

Yes. The whole process is online: you answer a few questions in the guided chat, sign a simple mandato on screen and receive the receipt and the official documents by email, with full legal validity.

Related procedures

Based on the legislation in force and on the official site of the competent authority: Instituto de Crédito Oficial (ICO), ICO Online ↗.

Managora Gestion SL (company number B88823893) is a private company. We are not Instituto de Crédito Oficial (ICO), ICO Online, we are not affiliated with, authorised or endorsed by any public authority, and this website is not an official government portal. What you pay on this page is our fee for preparing, signing and filing the procedure on your behalf: it is separate from the official tasa, which where applicable belongs to the authority and is shown to you separately. You can carry out this procedure yourself, directly with Instituto de Crédito Oficial (ICO), ICO Online.

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