Informative Note

Coronavirus: Credit lines for businesses

14/04/2020
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The credit lines announced by the Government to cope with the impacts of the pandemic Covid-19 are already fully operational. 

Currently, the credit lines available on a first come, first served basis are:

1. Line of Support for Treasury Needs for Tourism Micro-enterprises (EUR 60 million).
2. Credit Lines to Support the Economy (EUR 6.2 billion).

As it has already exhausted its full allocation, the Credit Line Capitalizar - Covid-19 has been closed since 7 April 2020.

The aim of this note is to set out in a single document the principal terms and conditions of each of the lines available to support businesses.

 

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Impacts and challenges for businesses in Portugal

PLMJ has created a multidisciplinary team dedicated to analysing the legal and operational challenges that businesses are facing. Our team’s mission is work hand-in-hand with our clients to find the best solutions to mitigate the risks and to relieve some of the pressure they are under.

We have created a Coronavirus Hub to share practical information to help mitigate the risks for companies in Portugal.

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