FLEET RENEWAL LOAN SMES & MIDCAPS SCF

Promoter – Financial Intermediary

SANTANDER CONSUMER FINANCE SA

Location

• Spain

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