Release date: 24 July 2023
Promoter – Financial Intermediary
SANTANDER CONSUMER FINANCE SALocation
Description
The project will 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 Programme Loan FLEET RENEWAL PROGRAMME FOR SMES & MIDCAPS SPAIN (2018-0456).
Objectives
The aim is to enhance access to finance small/medium projects carried out by small and medium-sized enterprises (SMEs) and mid-caps.
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 - 28/06/2022
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).