Aval Castilla-La Mancha

What Aval Castilla-La Mancha does

Aval Castilla-La Mancha, SGR is a non-profit mutual guarantee society (Sociedad de Garantía Recíproca) founded in 1994 and headquartered in Toledo, Spain, regulated under Law 1/1994 and supervised by Banco de España (entity code 9849). The company provides financial and technical guarantees to SMEs and self-employed workers (autónomos) in the Castilla-La Mancha autonomous community who lack sufficient collateral to access bank financing on acceptable terms. Its core technology is the Con Aval Sí online platform, which enables applicants to submit guarantee requests digitally with step-by-step guidance and a financial cost simulator that estimates commission fees based on amount and project viability rating; the proprietary viability analysis system evaluates project risk rather than pure repayment capacity, differentiating the underwriting approach from traditional banking.

The business model is transaction-fee based, generating revenue primarily through annual guarantee commissions (0.50%–2.00% on outstanding risk depending on operation type and viability rating), one-time study/processing commissions (0.50% standard, reduced to 0.25% for established partners or association members), 2.50% capital subscription fees, and returns from investing own resources in capital markets. Distribution is hybrid: direct service at the Toledo headquarters, a self-serve digital channel, and an extensive partnership network of 15+ collaborating financial institutions (Santander, BBVA, CaixaBank, Unicaja, Cajamar, Ibercaja, Triodos, Globalcaja, Eurocaja Rural, among others) plus employer associations (CECAM-CEOE-CEPYME). Specialized product lines include Aval 100-CLM (up to €45,000 for entrepreneurship, internationalization, sustainability), Avales Reto D (rural depopulation zones funded by IFCLM with €10M budget), Industrial Impulse loans (up to €300,000 subsidized via EU Next Generation funds), and emergency programs such as Avales Reto DANA 2024 (up to 100% coverage for climate-disaster-affected businesses). Capital base is anchored by IFCLM as majority shareholder, with CERSA providing re-guarantee coverage on operations.

Name

Aval Castilla-La Mancha

Legal name

Aval Castilla-La Mancha, Sociedad de Garantía Recíproca

Website

https://avalcastillalamancha.es

Company type

Private

Founded year

1994

Operating status

Operating

Short description

Aval Castilla-La Mancha, SGR is a regulated mutual guarantee society providing financial and technical guarantees to SMEs and self-employed workers in Castilla-La Mancha, Spain, distributed via the Con Aval Sí digital platform and 15+ partner financial institutions.

Ownership category

akta.pro rank

Product category

Mutual Guarantee and Surety Services

NAICS

Mortgage and Nonmortgage Loan Brokers (52231)

SIC

Loan Brokers (6163), Surety Insurance (6351)

akta.pro industry

PRIMARYFSAEAEAI

SBA/USDA Government-Backed Loan Intermediation

Financial & Insurance/Financial Advisory, Brokerage & Intermediation/Mortgage Brokerage & Loan Intermediation

Keywords

• Mutual guarantee services
• SME financing guarantees
• Surety bonds
• Credit guarantees
• Regional development finance

Headquarters

HQ city

Toledo

HQ country

Spain

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Technology or R&D, Infrastructure, Others

Revenue model

1. Guarantee Commissions: Annual guarantee commissions charged on outstanding risk, ranging from 0.50% to 2.00% depending on the operation type and viability assessment. This is the primary revenue stream.
2. Study/Processing Commission: One-time commission charged at formalization (0.50% standard, reduced to 0.25% for partners with 6+ months tenure or members of associations with collaboration agreements).
3. Capital Market Investments: Due to the solvency demonstrated in financial accounts, the society generates returns by investing its own resources in capital markets.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels6 records

Core offering

Aval Castilla-La Mancha, SGR is a mutual guarantee society that provides financial guarantees, technical guarantees (surety bonds), and complementary financing products to small and medium enterprises (SMEs) and self-employed workers in the Castilla-La Mancha region of Spain. It facilitates access to bank financing at favorable interest rates and terms by backing loans with its own guarantees, and provides surety bonds to public administrations for tenders, contract execution, subsidy advances, and professional licensing. The society operates the Con AVAL Sí online platform for digital guarantee applications and financial cost simulation, complemented by a network of 15+ partner financial institutions that distribute guaranteed credit products.

Product overview

Aval Castilla-La Mancha, SGR is a mutual guarantee society providing guarantee and financing services to SMEs and freelancers in Castilla-La Mancha. The core offering centers on Con Aval Sí, an online platform enabling guarantee requests and financial cost simulation. Their product portfolio comprises financial guarantees (inversión, circulante, reestructuración) and technical guarantees (public tenders, administrative obligations), supplemented by specialized lines including Aval 100-CLM (startups, internationalization, sustainability up to 45,000€), Avales Reto D (rural development with IFCLM co-funding), and Avales COVID-19. Complementary products include Aquisgrán long-term loans and Impulso Industrial subsidized loans (up to 300,000€) for industrial SMEs, all supported by a network of 16 partner financial institutions.

Differentiator

Problem solved

Functional benefit

Products and services

• Con AVAL Sí Online digital platform enabling SMEs, self-employed workers and entrepreneurs to submit guarantee requests, calculate expected financial costs of a guarantee before formal application, and complete the application process step-by-step. Includes an integrated financial cost simulator.
• Avales Financieros Financial guarantees covering credit operations including investment loans (up to €300,000 with up to 15-year terms), restructuring loans, leasing, working capital lines, and revolving credit. Priced at 0.50%-2.00% annual commission on outstanding risk, determined by project viability rating.
• Avales Técnicos Technical guarantees (surety bonds) for public administration contracts, including provisional bonds for tenders, final bonds for execution, public works guarantees, subsidy advance guarantees, and guarantees for professional activity licenses. Priced at 0.50%-1.00% annual commission.
• Avales para Internacionalización Guarantees supporting SMEs and self-employed workers in obtaining surety bonds for international exports, foreign tenders, advance payments, and foreign operations through partner financial institutions.
• Avales Adelántate Financing access guarantees for entrepreneurs, self-employed workers, and SMEs through the FINANCIA ADELANTE programs of Instituto de Finanzas de Castilla-La Mancha, with maximum guarantee amount of €100,000.
• Línea Aval 100-CLM Guarantee line for investment and working capital covering business creation, modernization, internationalization, digitalization, and environmental sustainability projects, with maximum guarantee amount of €45,000 per operation. Operates with higher guarantee coverage percentages to facilitate bank financing access.
• Avales Reto D Special guarantee line for companies and self-employed workers in sparsely populated or depopulation-risk rural zones of Castilla-La Mancha, funded by Instituto de Finanzas de Castilla-La Mancha (IFCLM). Provides financial guarantees (investment or revolving) and technical guarantees with preferential terms, and applies to projects framed within zones defined by the regional depopulation law even if not strictly classified as AVALES RETO D.
• Línea Aval COVID-19 CLM Guarantee line for working capital needs arising from the COVID-19 emergency, covering salary payments, invoices, liquidity needs, and financial/tax obligations of SMEs and self-employed workers in Castilla-La Mancha. Originally available April-June 2020 with extensions through June 2021.
• Préstamos Aquisgrán Long-term complementary financing instrument created by the network of Spanish mutual guarantee societies (SGRs) to help current and future members diversify their financing sources. Available for SMEs and self-employed workers in Castilla-La Mancha.
• Préstamos Impulso Industrial Industrial growth and entrepreneurship financing for industrial SMEs (CNAE 2009 sectors 10-32) in Castilla-La Mancha, with subsidized study commissions, guarantee commissions, and opening commissions, plus interest subsidized to 1.80% annual through European Next Generation funds. Loans up to €300,000 with 3-15 year terms.
• Programa Avales Reto DANA 2024 Emergency financing guarantee program for businesses affected by the DANA (Depresión Aislada en Niveles Altos) climate emergency of October-November 2024. Covers self-employed workers and companies in municipalities declared Catastrophic Zone (including Letur and Mira), providing short-term liquidity access and financing for asset renewal up to 100% coverage. All commissions subsidized from IFCLM funds.

Quantifiable outcome

• Guarantee coverage up to 100% for DANA 2024 affected businesses
• +4 more outcomes

Named customers4 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

13 partnerships are on record, tiered core, regional, major and specialized.

• CaixaBankcoreChannel Partner/ Reseller/ Distributor · 9 October 2025CaixaBank and Aval Castilla-La Mancha strengthened their strategic alliance through a new collaboration convention adjusted to current economic reality, aimed at boosting SME access to financing in the region. Banks offer credit lines with Aval CLM guarantee coverage.
• UnicajacoreChannel Partner/ Reseller/ Distributor · 1 July 2025Aval Castilla-La Mancha formalized a new collaboration convention with Unicaja to facilitate access to financing for SMEs, self-employed and entrepreneurs of Castilla-La Mancha.
• Aval MadridregionalStrategic or Co-development Partner · 23 February 2024The SGRs of Castilla-La Mancha (Aval Castilla-La Mancha) and Madrid (AVALMADRID) sealed an alliance to boost economic progress of the region and improve access to financing for businesses in Castilla-La Mancha through COAVAL convention.
• AválamregionalStrategic or Co-development Partner · 11 July 2022SGRs of Castilla-La Mancha and Murcia region sealed an alliance through COAVAL convention to boost economic progress of the region and improve access to financing for businesses.
• GlobalcajacoreChannel Partner/ Reseller/ Distributor · 20 May 2022Government of Castilla-La Mancha and Globalcaja allied to boost internationalization and access to financing for SMEs and self-employed through Línea Globalcaja AVAL 100 CLM.
• Garantía (Andalucía)regionalStrategic or Co-development Partner · 31 March 2022SGRs of Andalucía (Garantía) and Castilla-La Mancha sealed an alliance to boost relations and collaboration in support of SMEs and self-employed of both autonomous communities.
• ElkargiregionalStrategic or Co-development PartnerAval Castilla-La Mancha and Elkargi sealed an alliance through COAVAL convention to improve access to financing for businesses in Castilla-La Mancha.
• CERSA (Compañía Española de Reafianzamiento)coreStrategic or Co-development PartnerCERSA provides re-guarantee coverage allowing Aval CLM to share risks on certain operations. This enables the SGR to assume guarantees that might otherwise be too risky. Also involved in COVID-19 Code of Good Practices framework.
• CECAM-CEOE-CEPYMEcoreGTM or Marketing PartnerRegional Employer Confederation of Castilla-La Mancha participates as socio protector and is represented on the Board of Directors. Facilitates access to guarantee products for member SMEs with preferential commission rates.
• SantandermajorChannel Partner/ Reseller/ DistributorOne of 15+ financial institutions with collaboration convention for credit lines guaranteed by Aval CLM. Specific terms documented in signed convention agreement.
• BBVAmajorChannel Partner/ Reseller/ DistributorFinancial institution partner with collaboration convention for credit lines with Aval CLM guarantee coverage.
• IbercajaregionalChannel Partner/ Reseller/ DistributorRegional bank partner with collaboration convention for SME financing with Aval CLM guarantees.
• Triodos BankspecializedChannel Partner/ Reseller/ DistributorEthical/sustainable banking partner with collaboration convention for financing guaranteed by Aval CLM.

Scale indicators9 records

Recent moves6 records

Expansion highlights5 records

Emerging players

• European Investment Fund (EIF): EU-level SME guarantee and counter-guarantee provider increasingly active in Spain through EU guarantee programs (EaSI, COSME successors, InvestEU). EIF is a partial emerging counterparty that could either complement Aval CLM through additional re-guarantee capacity or compete for the same EU-funded SME guarantee mandates at the regional level.

Direct peers

• IFIS (Asturias SGR): Asturias regional mutual guarantee society providing guarantees and financing access to SMEs and self-employed. Operates the same Spanish SGR business model with bank distribution conventions and public capital backing. Comparable in size and structure to Aval CLM.
• Garantía (Andalucía SGR): Andalucía's mutual guarantee society supporting SMEs and self-employed with similar guarantee products and bank conventions. Aval CLM has a COAVAL alliance with Garantía since March 2022. Direct regional peer operating under identical SGR regulatory and operating framework.
• Aval Madrid (AVALMADRID): Madrid region's mutual guarantee society (SGR), operating under the same Law 1/1994 regime and CERSA re-guarantee. Aval CLM has an active COAVAL alliance with Aval Madrid since Feb 2024. Both serve SMEs and self-employed with the same mutual guarantee model, making them direct regional peers.
• Elkargi (Basque Country SGR): Basque Country's mutual guarantee society, substantially larger than Aval CLM but operating the same SGR business model. Aval CLM has a COAVAL alliance with Elkargi since July 2022. Comparable product offerings (financial and technical guarantees, bank conventions) with overlapping target customer base (industrial and SME).
• Aválam (Murcia Region SGR): Murcia region's mutual guarantee society providing guarantee and financing access to SMEs and self-employed. Aval CLM signed a COAVAL alliance with Aválam in July 2022. Operates identical business model (guarantees + bank conventions + public-funded programs) under the same SGR framework.
• ISBA (Balearic Islands SGR): Balearic Islands regional mutual guarantee society serving SMEs and self-employed with financial and technical guarantees. Operates the same SGR model under Spanish Law 1/1994 with CERSA re-guarantee and bank conventions. Direct regional peer.

Broad incumbents

• ICO (Instituto de Crédito Oficial): Spain's state-owned financial institution providing wholesale funding lines and guarantee support across the Spanish economy. While not a regional SGR, ICO is a broader incumbent that competes for SME credit guarantee mandates and often co-funds the EU Next Generation programs Aval CLM distributes through (e.g., Industrial Impulse).
• CERSA (Compañía Española de Reafianzamiento): Spanish national re-guarantee company providing counter-guarantee coverage to all Spanish SGRs including Aval CLM. While not a direct competitor, CERSA is the institutional risk-sharing partner and Code of Good Practices coordinator for Aval CLM's COVID-19 and restructuring portfolios.
• SODEBUR / SGR-Cesgar national confederation: The national confederation of Spanish SGRs, providing sector coordination, representation, and shared services to Aval CLM and other member SGRs. As the umbrella body for the SGR ecosystem in which Aval CLM operates, it is a broader incumbent shaping the regulatory and competitive environment.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Aval Castilla-La Mancha