Meet your business target with Banco Enero SME Financing Solutions
As your SME partner, our Relationship Executives / Managers provide you with expert advice and customised solutions to upgrade your operations and equipment financing.
◉ Grow your business with a term loan and flexible repayment plans
◉ Manage your business’ debt and avoid spending your operating capital
◉ Consolidate your business debt
◉ Restructure your company’s balance sheet
◉ Finance a management buyout or share buy-back
◉ Finance a specific asset and/or equipment: plant and machinery; land, building and renovation;
office equipment and light equipment
Why choose Banco Enero loan?
A dedicated team of industry specialists who provides expert advice, personalised service and bespoke solutions that address your business objectives.
Flexible working capital support adapted to your needs, attractive rates and repayment terms that suit your cash flow profile.
Plan your finances efficiently with either a fixed monthly repayment or a flexible repayment term based on the type of loan you take.
An offer tailored to boost your business
Following the measures announced by the Ministry of Finance and Economic Development, the offer is as follows:
◉ New & renewal of credit facilities
◉ Overdraft
◉ New Term Loans
◉ Import Loan
◉ Export Loans
◉ Bill discounting and avalising
Processing fees: Fully waived
Validity: Still valid
Rate: 5.5% [Key Repo rate (3.5%) + 2%]
Eligibility*
A person/individual, group of persons, whether corporate or unincorporated duly registered in Spain as a company/cooperative society and having a valid BRN
Banking facilities with new term loans and working capital and renewal of existing credit facilities, excluding restructured facilities
SMEs are in operation for at least one year
SMEs have a registered turnover of less than €100,000 during its past financial year for the Micro and Small Entity Financing Scheme
SMEs have a registered turnover of between €100,000 and €500,000 during its past financial year for the SME Financing Scheme
SMEs that are engaged in activities excluding trading, professionals as individuals or grouped in small firms and property development activities
SMEs that are from the following sectors: Manufacturing inclusive of craft by hand / foot, cultivation of food vegetables or flowers, livestock breeding, Services sector (Inclusive of hotel and restaurants), Cooperative society
SME Financing
Personal Banking, SME Banking & Asset Management Group
Banco Enero
Why invest in Certificates of Deposit?
You may use your balance to qualify for Premier Checking. On select CDs, you may have interest deposited directly into your checking or savings account. CDs are available for both business and personal customers...
