Release date: 6 November 2008
Promoter – Financial Intermediary
Banco de Sabadell
Location
Description
The project consists of credit line to finance small-sized investments carried out by SMEs.
Objectives
The credit line will be used to finance projects of limited scale promoted by SMEs.
Sector(s)
Proposed EIB finance (Approximate amount)
Generally up to 50% of the individual cost of each sub-project, raising to 100% in those cases allowed under the Bank’s policy on Loans to SMEs.
Total cost (Approximate amount)
Not available.
Environmental aspects
All sub-projects to be financed under this loan for SMEs will be required to comply with relevant national and EU policy and legislation.
Procurement
The Bank will require that sub-projects financed under the loan for SMEs comply with the relevant EU Directives on procurement (where applicable).
Status
Signed - 23/07/2009
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).