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    Reference: 20200458
    Release date: 27 May 2020

    Promoter – Financial Intermediary

    SANTANDER CONSUMER FINANCE SA

    Location

    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 of small/medium projects carried out by SMEs and midcaps.

    Sector(s)

    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 - 10/07/2020

    Disclaimer

    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).

    Related tags

    Spain Credit lines