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BS-EIB VEHICLE LINE

European Investment Bank, EIB.

Centro para el Desarrollo Tecnológico Industrial  CDTI

Information of interest to freelancers and firms

Together with the European Investment Bank (EIB), Banco Sabadell has signed a line of credit in order to promote projects to acquire and renovate industrial and commercial vehicles.

  • Features
    Beneficiaries:

    Self-employed professionals and Companies with up to 3,000 employees.

    Eligible investment:

    • The acquisition and renovation of new vehicles or those maximum 1 year old:
      • Passenger vehicles for commercial use (category M1)
      • Light commercial vehicles (category N1)
      • Agricultural tractors
      • Trucks or goods transport vehicles > 3,500 kg
      • Buses and coaches.

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  • Financial conditions

    Type of financing:

    • Leasing
    • Loan
    • Renting


    Maximum investment:

    • Projects up to €25 million: up to 100% financing, maximum EIB funds €12.5 million.


    Repayment period: From 2 to 10 years depending on the type of financing chosen, with the possibility of a grace period for the principal.

    Interest rate: Customers benefit from a 0.25% reduction in the interest rate, subsidised by the EIB.


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