Is the fee deducted from the amount drawn down?

The commitment fee is debited from your linked account on the same day it is drawn down, but it is not deducted from the drawdown. For example, if you request a drawdown of €800, and BBVA approves it, you receive €800.

What types of payments and collections can be financed?

You can finance up to 5 destinations or 5 types of professional payments for different purposes . When you make a drawdown, you will have a deadline to pay back the amount, which depends on the type of payment, by means of automatic installments that will be debited each month from your associated account. However, you can always repay it early if it's more convenient. Taxes : Corporation Tax and Personal Income Tax (IPRF), up to 6 months term. VAT or Canary Islands IGIC : term up to 3 months. Orders with international suppliers (imports): term of up to 4 months. Orders with national suppliers : term up to 3 months. Social insurance : 1-month term. Payroll : 1-month term.

What requirements do I need to meet?

You must have been a BBVA customer for at least 6 months and have an account where the drawdowns will be deposited, and the payments will be charged every month.

Can I use Click&Pay Credit Limit to pay rent or other bills?

No, with the Click&Pay credit limit, you can only finance taxes (VAT, personal income, corporate and IGIC), payments to national and international suppliers, payrolls, and social security.

Do I have to justify professional payments?

When you request a drawdown, you have to select the professional payment you are going to finance. You don't have to provide proof of payment to show how the money was used, but the associated account must show the associated payments or transfers.

When are the monthly payments charged?

The monthly payments start to be charged to the account the month following the withdrawal . For example, imagine you draw down €2,400 on June 15 to pay taxes for a national supplier and choose to repay it over 3 months. A payment of €800 would be charged to your account on July 15, August 15 and September 15.

Can I change the limit?

The credit limit you choose when you apply is annual, and cannot be changed during those 12 months . In any event, since the limit does not affect the price, you can choose a higher amount than what you need, as long as it's within your pre-approved limit. You will not incur higher costs and still have more availability.

Is it possible for BBVA to reject the credit limit or deny any of the drawdowns I request?

Yes, it's possible that BBVA will not issue you your full credit limit. And, once your limit has been arranged, you may be denied a drawdown request. Every time you request a drawdown, the bank will evaluate the viability of your proposal .

Click&Pay Credit Limit

Q: What are the associated costs?

Start-up fee based on the amount of each drawdown : it is a percentage on the amount of each drawdown, with a minimum of €30 . Varies according to the drawdown term. The shorter the term, the lower the fee. 1 month: 0.70%. 2 months: 1.10%. 3 months: 1.45%. 4 months: 1.80%. 5 months: 2.15%. 6 months: 2.50%. This fee will be charged when you receive the amount of the drawdown . No online contract analysis or maintenance fees . These fees will be negotiable for credit limits agreed in-branch. The limit can only be renewed on contracts signed in-branch, and the renewal fee is negotiable. No interest payment . The APR will depend on the commitment fee applied on each drawdown and the chosen repayment period.

Whether you are self-employed or an SME, you can request a Click&Pay credit limit to finance the payment of taxes, your employees' payroll, their social security or suppliers.

Online with no paperwork.
You only pay for the money you use.
No activation or early cancellation fees.

Apply

Select if your Click&Pay credit limit would be for:

I am a self-employed worker

My company invoices under 5 million

First, you activate an annual credit limit

Requesting the credit limit is free of charge, and you can activate it online via the BBVA website or app. Once your application has been approved, your credit limit will be available in your account, and you will be able to request drawdowns to make your tax, payroll, and supplier payments.

You can request a limit from €2,000 to €25,000.

It will be available for one year.

You will only pay for the money you draw down in your account.

and then you can make all the drawdowns you need

To meet your business payments, such as taxes and payroll.

Each drawdown request cannot be lower than €600 or higher than your limit.

When each application is approved, the money will be available in your account.

Apply

Here is an example of how to finance your business payments and collections

Paloma has requested an annual credit limit of €15,000 for her travel agency.

To finance her tax payments, she requests a drawdown of €2,400 with a maximum repayment period of 6 months.

For example, if Paloma wanted to repay the loan over 3 months, she would pay €800/month (€800 x 3 months = €2,400).

The commitment fee, which she will only pay when making the drawdown, will be €34.80 (1.45% x €2,400) (9.17% APR).

Once she has repaid the €2,400, her limit will go back to €15,000.
First, you activate an annual credit limit

Requesting the credit limit is free of charge, and you can activate it online via the BBVA website or app. Once your application has been approved, your credit limit will be available in your account, and you will be able to request drawdowns to make your tax, payroll, and supplier payments.

You can request a limit from €2,000 to €50,000.

It will be available for one year.

You will only pay for the money you draw down in your account.

and then you can make all the drawdowns you need

To meet your business payments, such as taxes and payroll.

Each drawdown request cannot be lower than €600 or higher than your limit.

When each application is approved, the money will be available in your account.

Apply

Here is an example of how to finance your business payments and collections

Álvaro has requested an annual credit limit of €25,000 for his food business.

To finance his tax payments, he requests a drawdown of €12,000 with a repayment period of 6 months, resulting in a monthly payment of €2,000.

The commitment fee, which he will only pay when making the drawdown, will be €300 (2.50%).

Once he has repaid the €12,000, his limit will go back to €25,000.

Apply for an online Click&Pay credit limit

You can request your limit and all the provisions you need via the BBVA Empresas app or at bbva.es.

Apply

Some questions that may come up

Start-up fee based on the amount of each drawdown: it is a percentage on the amount of each drawdown, with a minimum of €30. Varies according to the drawdown term. The shorter the term, the lower the fee.

1 month: 0.70%.
2 months: 1.10%.
3 months: 1.45%.
4 months: 1.80%.
5 months: 2.15%.
6 months: 2.50%.

This fee will be charged when you receive the amount of the drawdown.

No online contract analysis or maintenance fees. These fees will be negotiable for credit limits agreed in-branch. The limit can only be renewed on contracts signed in-branch, and the renewal fee is negotiable.

No interest payment. The APR will depend on the commitment fee applied on each drawdown and the chosen repayment period.

Click & Pay credit limit

Apply

Bienvenida Account for self-employed workers and companies

Click&Pay Credit Limit

Finance your business's most routine payments

Select if your Click&Pay credit limit would be for:

First, you activate an annual credit limit

and then you can make all the drawdowns you need

Here is an example of how to finance your business payments and collections

First, you activate an annual credit limit

and then you can make all the drawdowns you need

Here is an example of how to finance your business payments and collections

Apply for an online Click&Pay credit limit

You can request your limit and all the provisions you need via the BBVA Empresas app or at bbva.es.

Some questions that may come up