Release date: 15 July 2019
Promoter – Financial Intermediary
BANCO SANTANDER SALocation
Description
The projects concerns a loan to finance investments in fleet acquisition and renewal, including commercial fleet for land transport and agricultural machinery. This Multi-Beneficiary Intermediated Loan (MBIL) is a sub-operation under the Loan Fleet Renewal Programme for small and medium sized enterprises (SMES) and Midcaps Spain (2018-0456)
Objectives
The purpose is to finance small/medium projects carried out by SMEs and Midcaps.
Sector(s)
- Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
EUR 100 million
Total cost (Approximate amount)
not applicable
Environmental aspects
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Procurement
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Status
Signed - 25/06/2021
Disclaimer
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).