Release date: 6 December 2023
Promoter – Financial Intermediary
SANTANDER CONSUMER FINANCE SALocation
Description
The project consists of a loan to Santander Consumer Finance (SCF) to support vehicle fleet renewal projects carried out primarily by small and medium sized enterprises (SMEs) and mid-caps located in the Netherlands, France, Germany and Portugal.
Objectives
The aim is to finance investments by SMEs and mid-caps in fleet renewal and acquisition, including commercial fleet for land transport.
Sector(s)
- Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
EUR 200 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 - 20/12/2023
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).