The Valencian Institute of Finance (IVF) has already approved 352 subsidized loans for an amount of 23.3 million euros from the Horeca line aimed at self-employed, SMEs and micro-SMEs in the hotel, restaurant, tourism and leisure sector within the plan of shock “Resist”.
By sectors and amount of operations, the restaurant industry concentrates the largest volume of subsidized loans with practically 40% of the total (9.1 million), followed by accommodation, which represents 22.1% (5.1 million), taxis with 13% (3.03 million) and beverage establishments with 9% (2.09 million).
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