One-liner: subsidised fixed-asset investment loan from the Institut Valencià de Finances (IVF) at a 1.75% fixed rate (below market) — cheap regional capital for established Valencian SMEs modernising their production. This is the live 2026 line, continuing the instrument created in 2025.
Status: OPEN — one of the few programs in this batch still accepting applications (through 31 Dec 2026 or until the €8M pool is exhausted, whichever first).
What you get
- Loan of €200,000–€2,000,000 at a 1.75% fixed rate (below market cost).
- Term 4–10 years, including an optional grace period of up to 3 years on principal.
- Quarterly settlements (15 March / June / September / December).
- No aval subsidy but IVF sets guarantees per its risk assessment case by case.
Who it's for
- SMEs (pymes) in the Comunitat Valenciana whose purpose is investment in fixed assets (modernisation/transformation of production).
- Minimum 2 years of activity at application, with at least one employee or one autónomo societario.
- Excluded: certain sectors/activities (see art. 4 of the convocatoria), firms in difficulty, and groupings (agrupaciones).
Requirements & obligations
- Finance the investment in fixed assets (acquisition/construction/rehabilitation/improvement); hold the assets ≥5 years.
- Maintain productive activity for ≥12 months from loan grant.
- Hold the permits/licences needed and comply with applicable regulation.
How to apply
- IVF loan portal → prestamos.ivf.es (electronic).
- Submit the application + responsible declaration of eligibility and the financial documentation (incl. distribution of financial obligations by maturity year).
- Window: from the day after publication until 31 Dec 2026, or until the pool is exhausted — awards are made by order of presentation (concurrencia competitiva but effectively first-come while credit lasts).
- If documentation is incomplete, IVF requests completion within a set deadline (else the request is deemed withdrawn).
Key facts
- Pool €8,000,000 (2026). Fixed 1.75%, term 4–10 yr, grace ≤3 yr, loan €200k–€2M.
- Legal basis: Acuerdo del Consejo General del IVF, 12 Feb 2026 (DOGV 10312, 27.02.2026); art. 171 Ley 5/2013; Decreto 118/2018.
Relations
- Run by: IVF
- See also: IVF General
- See also: IVF Participativos FEDER
- See also: INPYME 2026