Shielding and dragging of refinancing agreements

After the declaration of the state of alarm and its subsequent extension for another 15 days, and the stoppage of the activity of most of the companies, we leave you with a guide related to current regulations regarding legal protection in the eventual bankruptcy scenario, of the Refinancing Agreements.

Currently, as we have sent you in the bankruptcy notice, the need for the submission of arrangement with creditors has been suspended.

The State has enabled financing through the ICO. ICO Lines are lines of financing with which the ICO provides funds through the intermediation of credit institutions. They can be requested through the financial entities with which the company / self-employed works and, if necessary, request a guarantee from SGR or SAECA.

We share the requirements and effects of pre-bank Institutes / refinancing agreements, in the specific report that can be downloaded below.