Signature(s)
Summary sheet
- Credit lines - Credit lines
Loan to support small and medium-sized enterprises (SMEs) and mid-caps located mainly in Spain and that are internationalising their activities.
Financing of small/medium projects carried out by small and medium-sized enterprises.
The main purpose of this operation is to facilitate the access to finance for SMEs and Mid-caps active in international trade. These final beneficiaries face a financing gap in many European regions, including Spain. ICO has the capability to reach the targeted final beneficiaries through a diversified range of financial intermediaries, allowing for an expanded outreach.
EIB contribution takes the form of affordable funding and customised terms. The availability of EIB intermediated funding supporting exporting companies will provide a positive message to other potential financers and would contribute to diversify ICO's funding mix. In addition, the EIB, by facilitating financing to SMEs and Mid-Caps active in international markets via an established intermediary, can play a counter-cyclical role, preserve employment and positively contribute to the recovery of not only the beneficiaries but also the Spanish and EU economy.
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
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).
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General enquiries and comments
The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
Alternatively, the EIB can be contacted through its external offices.
Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.
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Zero tolerance against fraud and corruption
The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.
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