CAJAMAR ABS ENHANCED SUPPORT RURAL SMES AND MIDC

The project consists of a dedicated guarantee enhancing access to loan finance for small and medium sized enterprises (SMEs) and Midcaps (enterprises up to 3,000 employees) operating in the rural sector in Spain, mainly in cohesion regions (for example in Galicia).

The loan will be used for the financing of small and medium-sized investment projects in eligible industry and services sectors. An indicative 70% of the loan will be used to finance SMEs.

In line with the EIB's policy to ensure that sub-loans comply with the EU acquis, in particular in the fields of environment, Cajamar Caja Rural will be requested to take all the necessary measures to ensure that the beneficiary SMEs and Midcaps's sub-projects will comply with the relevant EU legislation and the applicable national legislation, provided that this conforms with EU rules.

In accordance with the EIB's policy to ensure that sub-loans comply with the EU acquis, in particular in the fields of public procurement, Cajamar Caja Rural will be requested to take all the necessary measures to ensure that the procurement procedures carried out by the beneficiary SMEs and Midcaps's comply with the relevant EU legislation and the applicable national legislation, provided that this conforms with EU rules.