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FLEET RENEWAL PROGRAMME FOR SMES & MIDCAPS SPAIN

Summary sheet

Release date
27 June 2019
Status
Reference
Under appraisal | 29/06/2018
20180456
Project name
Promoter - financial intermediary
FLEET RENEWAL PROGRAMME FOR SMES & MIDCAPS SPAIN
ACCEPTABLE BANK(S)
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 500 million
not applicable
Location
Sector(s)
Description
Objectives

The project consists in a programme loan of Multi-Beneficiary Intermediated Loans (MBILs) to finance investments in fleet acquisition and renewal, including commercial fleet for land transport and agricultural machinery, in collaboration with Spain's Ministry of Public Works.

This project will improve competitiveness and access to finance at favourable conditions for small and medium-sized enterprises and mid-caps.

Environmental aspects
Procurement

The Bank will require that projects financed under this operation comply with national and EU applicable legislation, as appropriate and where applicable.

The Bank will require that projects financed under this operation comply with national and EU applicable legislation, as appropriate and where applicable.

Related projects
Related sub-project
FLEET RENEWAL LOAN FOR SMES & MIDCAPS SAN & SCF
Related sub-project
FLEET RENEWAL LOAN COVID-19 SMES & MIDCAPS SCF
Related sub-project
FLEET RENEWAL COVID-19 SMES & MIDCAPS SAN & SCF
Related sub-project
FLEET RENEWAL LOAN SMES & MIDCAPS SCF
Link to source
Summary sheet
FLEET RENEWAL PROGRAMME FOR SMES & MIDCAPS SPAIN

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).

General enquiries and comments

The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
Alternatively, the EIB can be contacted through its external offices.
Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

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Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

Zero tolerance against fraud and corruption

The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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