Objective
The European Investment Bank (EIB) acts as a financial institution of the European Union whose mission is to promote projects that generate economic growth, employment, territorial cohesion and environmental sustainability.
Modalities
The EIB offers two main options:
Direct financing
For large business projects.
Intermediated financing
Through banks and local entities.
Terms and conditions
The conditions are usually very competitive: up to 50% of the project cost can be financed , with terms ranging from 4 to 20 years and interest rates that can be fixed, variable or convertible.
Procedure
Before approving an operation, the EIB conducts a technical and financial evaluation of the project. Furthermore, many of its financing opportunities are channeled through public tenders published in the Official Journal of the European Union (OJEU), where Fimax can assist companies throughout the participation process.
