SCF PAN-EUROPEAN FLEET RENEWAL L4SMES-MIDCAPS

Promoter – Financial Intermediary

SANTANDER CONSUMER FINANCE SA

Location

• The Netherlands
• France
• Germany
• Portugal

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