Support Lines for Reconstruction (Investment and Treasury) from the Portuguese Development Bank

Reconstruction Support Line (Investment)

The Reconstruction Support Line – Investment is intended to support reconstruction resulting from damages caused by storms and weather events, in municipalities where a state of emergency or calamity is decreed, from January 2026 (inclusive).

• Global Allocation: €1,000,000,000

Main Characteristics

• Maximum amount per Company: 100% of damages caused, deducting payments received under insurance policies (subject to State ceiling limits);
• Maturity: 10 years, with a 36-month grace period and a 12-month utilisation period;
• Grant: 10% of the utilised financing value;
• Criteria for access to the grant: The right to conversion will be assessed by comparing IES 2028 versus IES 2025; Maintenance of activity (Positive Turnover); Maintenance or increase in the number of jobs.

Reconstruction Support Line (Treasury)

The Reconstruction Support Line – Treasury aims to support immediate liquidity and treasury needs resulting from damages caused by storms and weather events, in Municipalities where a state of emergency or calamity is decreed, from January 2026 (inclusive), namely for treasury replenishment, working capital, and covering current needs indispensable to business continuity.

• Budget Allocation: €500,000,000

Main Characteristics

• Micro: up to €100,000
• Small: up to €500,000
• Medium: up to €1,500,000
• Large Companies and Other Entities: up to €2,500,000, depending on company size.

The grantable amount will be subject to the availability of State aid ceiling limits

• Maturity: 5 years, with a 12-month grace/utilisation period
  

Validity Period

Until 30 June 2026. BPF may extend the deadline for equal or different periods, if funds are not exhausted.

Autonomous Guarantee

70% Small Mid Cap, Mid Cap, and Large Companies and 80% for other Entities.
Maximum default coverage rate (cap rate) of 20% of the global amount of disbursements verified at any given moment.

Who can benefit

Companies or Entities affected by storms or weather events from January 2026 onwards, in municipalities with a state of emergency or calamity, may apply. The situation must be proven by a damage declaration (CCDR, insurer, or bank assessment). It is mandatory to have the situation regularised with the Financial System, AT, SS, and other Public Entities supporting companies, as well as to comply with anti-money laundering and terrorist financing regulations.