Spain

SME credit terms become harsher

Almost 80 per cent of SMEs who applied for loans in the first quarter of 2012 received them on harsher conditions.

Banco Santander to offer SMEs EUR4000 million of new credit

Banco Santander allocated EUR4000 million to be divided between domestic and international SMEs.

Eurofactor climbs Spanish factor rankings

In spite of the difficult economical environment in the country, Spanish factoring activity grew by eight per cent in 2011.

Government to launch EUR 30 billion factoring scheme to repay suppliers

Spanish Government will work with a consortium of banks to repay its suppliers.

Spanish factoring ‘weathered the storm’ in 2011

Factoring volume grew by 5.91 per cent at the national level to EUR51,358 million.

Spanish Banca Civica reports 37% factoring growth

Banca Civica sees increase in factoring operations.

EIB provides 100m euro loan to assist SME lending in Navarra

The European Investment Bank (EIB) has granted a EUR 100 million loan to Sociedad de Desarrollo de Navarra, S.A. (SODENA), a company majority-owned by the Government of Navarra, for financing the investment projects of SMEs.

'Most SMEs on the lookout for working capital loans'

Over 93 per cent of SMEs in Spain are seeking working capital loans, according to the Superior Council of Chambers of Commerce.

EIB and Bankinter sign SME finance agreement

The European Investment Bank (EIB) has signed a 200 million euros agreement with Bankinter to finance SME investment.

Spain: Supply chain finance overview

Carlos Olivares, Director of BBVA Factoring and Confirming Spain, provides an overview of supply chain finance in Spain for the 2011/2012 edition of the Supply Chain Finance Yearbook.