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Línea BEI Agroalimentaria

  • Financing business projects in Spain and the EU

    For companies and the self-employed in the agro-food sector

  • Preferred economic terms and conditions Financing through a loan, leasing or credit account Self-employed workers and SMEs with fewer than 250 employees

    What is the European Investment Bank?

    The European Investment Bank (EIB) is a financial institution of the European Union, created in 1958 by the Treaty of Rome. Its shareholders are the EU member States. In its capacity as an EU institution, the purpose of the EIB is to finance investment promoting economic integration and the greater social cohesion of member States (

    The EIB financing has favourable conditions with respect to alternative credit sources, which allows to Bankia to pass on to its customers a financial advantage in the financing of their projects.

    The EIB's contribution is framed within a cooperation agreement signed on 25 June 2015 between the EIB and Bankia, by virtue of which a financing contract for an amount of 50 million euros was signed. Designated the “EIB Agri-Food Funding Facility”, its objective is to finance investment and working capital for projects in Spain and the European Union undertaken by self-employed workers and small and medium-sized enterprises (SMEs) working in the agri-food sector.

    Features of the EIB Agro-Food Financing Facility

    • Beneficiaries: the self-employed, SMEs with fewer than 250 employees, regardless of their balance sheet and turnover, that are based mainy in Spain, although those based in the European Union and undertake their activity in the agro-food sector are also permitted .
    • Financeable projects: investment projects and working capital needs, which must be materialised in Spain or in European Union countries.
    • The amount financeable with EIB funds: projects undertaken by the self-employed and SMEs up to 25 million euros. It is possible to finance up to 100% of the investment project or need for working capital with a limit of 12.5 million euros per project.
    • Sectors excluded by the EIB: not eligible for this facility are the projects of certain sectors such as military manufacture, property development, gambling, the production and marketing of tobacco, the use of live animals for experimental purposes, projects that harm the environment, purely financial operations either for the purchase or financial restructuring of companies, among others. Only the agri-food sectors will be admissible.
    • Validity of the facility: up to 10/12/2017 or earlier if the funds run out.
    • Economic and financial terms and conditions of loans: Being an EIB-backed line, it has preferential economic conditions that you can consult at your branch or through your commercial manager.
    • Repayment term: investment projects: between 2 and 10 years, with the possibility of a grace period of up to 12 months. Financing of working capital: between 2 and 5 years with the possibility of a waiting period of up to 12 months.
    • Type: lfinancing that can be formalised through a loan, leasing or a credit account.
    • Details of the titleholders: the number of employees is calculated taking into account your direct employees as well as employees of linked companies (whether self-contained, partner or related companies), and relationships between companies via individuals in the case of related companies will also be taken into account.

    Details of the financeable projects

    Investment projects

    • Tangible: investment projects in productive assets, except for land (except when its purchase is considered technically essential for the project), considered to be new investment and/or the expansion or improvement of existing facilities. Financing for the acquisition of land for agricultural purposes is entirely excluded.
    • Intangible: R&D&I expenses, development costs, creation or acquisition of distribution networks in domestic or foreign markets within the EU, acquisition or purchase of brands and patents.

    You will be able to finance the acquisition of a company in order to guarantee the continuity of its economic activity in certain cases and under certain conditions (inter-generation succession or transfer of company ownership to employees).

    All investment projects must be materialised in Spain or in a country within European Union.

    Working capital projects

    • Needs for liquidity destined to provide a stable working capital base that allows the potential beneficiaries to finance the obligations arising from their commercial cycle, as part of their normal activities.
    • Financed categories can include, among others, the necessary funds for the acquisition of raw materials and other manufacturing inputs, inventories and indirect costs, as well as the funds to finance commercial debtors and other non-commercial credits.

    It will not be possible to fund purely financial operations (liability restructuring, refinancing, purchase of shares in companies except for those previously indicated eventualities of inter-generational succession or transfer of company ownership to employees) or property development.

    You will not be able to finance the costs related to the acquisition of licences, production rights and other rights granted by government bodies. Taxes for companies can only be financed in cases where they cannot be recovered.