Signature(s)
Fiche récapitulative
- Lignes de crédit - Lignes de crédit
The project consists of a dedicated loan to a well-known counterpart to benefit small and medium sized enterprises (SMEs) and Midcaps (up to 3,000 employees) mainly based in Spain.
The aim is to enhance access to finance to SMEs and Midcaps through loans and leases. At least 70% of the total EIB loan amount will be used for SMEs, while up to 30% could be used to finance small and medium-sized investment projects carried out by Midcaps in eligible sectors. The loan will include the obligation of the intermediary to finance SMEs for at least twice the amount of the EIB loan. It is foreseen that about 40% of the funds will be extended in cohesion regions in Spain (twice the usual percentage in Spain, due to SCF's large presence in Andalusia and Murcia).
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.