Linha BPF Invest Export

Linha BPF Invest Export sits under Programa Reforçar and is one of Banco Português de Fomento’s largest export-facing facilities. It provides €3.5 billion in state-guaranteed loans to Portuguese micro, SME, and mid-cap exporters that are adapting to extra-EU markets in response to rising tariffs. Within that envelope, the PME sub-line carries €2.1 billion, split between €1.5 billion for investment and €600 million for working capital. The core instrument is a guaranteed loan distributed through Sociedades de Garantia Mútua and commercial banks. It also carries a conditional non-repayable conversion feature: after 36 months, up to 20% of the investment financing can convert into grant support if the borrower meets performance conditions against a 2024 IES baseline. The four measures are total assets, jobs, export amount, and export share of revenue, with conversion levels of 10%, 15%, or 20% depending on performance. The line is aimed at exporting firms that already have 2024 export sales, a valid CAE code, tax and social security compliance, and enough financial strength to pass a bank-led process. It rewards companies that can prove durable expansion into extra-EU markets rather than a one-off shipment push. Firms with a clear export trajectory and the discipline to hold those KPIs over three years are the best match for the facility.

Each grant below is a distinct funding opportunity with its own eligibility, scope, and deliverables.