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