The purpose of this loan is to finance the replacement or renewal of fixed equipment of the Photovoltaic System to increase productivity.
- Replacement of all panels and/or
- Replacement of all inverters and/or
- Installation of uniaxial or biaxial bases
Up to 100% of the cost of replacing the productive elements of the P/S, with a maximum loan amount:
|Working project up to
||Funding amount up to
Up to 12 years
Variable interest rate, based on Euribor 1M/3M plus a minimum spread of 3.50%, depending on the collaterals.
Interest rates are also subject to the Law 128/1975 levy.
Monthly or quarterly instalments, repaying interest and capital.
Up to 6 months. During the grace period only the interest amount is paid.
Partial instalments, upon presenting of invoices/ pre-invoices (on credit or paid).
Mandatory insurance coverage
Mandatory Fire and Earthquake Insurance for the mortgaged property.
Mandatory insurance of the photovoltaic system.