Release date: 18 January 2016
Promoter – Financial Intermediary
Dedicated EIB loan for financing small and medium-sized projects carried out by small and medium-sized enterprises (SMEs) and mid-caps, mainly in Spain but also in other EU countries. It is expected that a significant part of the loan will fund investments covered by the SME Initiative signed in Spain.
At least 70% of the loan amount will be used for the financing of SMEs. Up to 30% of the total amount could be used in small investment projects in eligible sectors carried out by mid-cap enterprises (up to 3 000 employees).
Proposed EIB finance (Approximate amount)
EUR 450 million
Total cost (Approximate amount)
The Bank will require that projects financed under this operation comply with EU applicable legislation, as appropriate.
The Bank will require that projects financed under this operation comply with EU applicable legislation, where applicable.
Signed - 26/10/2016
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).