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Signature(s)

Amount
€ 100,000,000
Countries
Sector(s)
Spain : € 100,000,000
Credit lines : € 100,000,000
Signature date(s)
28/06/2022 : € 100,000,000
Link to source

Summary sheet

Release date
24 July 2023
Status
Reference
Signed | 28/06/2022
20200717
Project name
Promoter - financial intermediary
FLEET RENEWAL LOAN SMES & MIDCAPS SCF
SANTANDER CONSUMER FINANCE SA
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 100 million
not applicable
Location
Sector(s)
Description
Objectives

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).

The aim is to enhance access to finance small/medium projects carried out by small and medium-sized enterprises (SMEs) and mid-caps.

Environmental aspects
Procurement

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.

Milestone
Under appraisal
Approved
Signed
13 June 2022
28 June 2022
Related projects
Link to source

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).

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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 Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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