Release date: 10 May 2023
Promoter – Financial Intermediary
SG EQUIPMENT FINANCE IBERIA EFC SALocation
Description
The project consists of a loan to finance eligible investments carried out by small and medium sized enterprises (SMEs) through SGEF leasing schemes in Spain. At least 70% of the facility will be allocated to SMEs investments, while at least 20% to Climate Action and Environmental Sustainability projects.
Objectives
This is the first EIB operation with SGEF in Iberia, which offers a wide range of selected leasing products: (i) high tech (i.e. IT solutions, office equipment and medical equipment); (ii) transport vehicles (i.e. trucks, handling trucks, aircraft and ships) and (iii) industrial equipment (i.e. machinery, construction equipment and commercial/industrial real estate).
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 - 24/07/2023
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).