Is there a commitment fee?

Yes, it has a commitment fee that is based on the amount borrowed. If your goal is sustainable, 100% of this fee will be waived.

What do I need to apply for the loan?

You need to be a BBVA customer , have an account where the money will be deposited and the installments will be debited and have been with BBVA for at least 6 months if you are self-employed or 2 years if you have a company.

What factors are considered when granting a loan to self-employed individuals and companies?

To access this loan, BBVA takes into account several factors such as: Length of time as customer: You must have been with the bank for at least 6 months if you are self-employed, or 2 years if you are a company. Invoicing: Your business must have an annual turnover of less than 5 million euros. Ability to Pay: Your BBVA account history and creditworthiness are analyzed to ensure you can repay the installments without problems.

How much money can I request?

From a minimum of €1,500 to a maximum of €50,000 if you are self-employed or if you have a company with a turnover below €5 million a year.

What can I invest in to make my business more sustainable?

Mobility: Purchase of electric vehicles, plug-in hybrids, installation of charging points for electric vehicles, bicycles (with and without motors) and electric scooters. Solar panels: Installation of solar panels for self-supply. Lighting: Incorporation of LED technology. Insulation: Improvements to the insulation of the building envelope (façades, roofs, etc.), adding to the existing insulation or installing windows with two or three panes. Control and automation: Lighting, HVAC, installation of motion detectors for lighting, and automatically turning installations on and off. Heating and hot water: All condensation boilers are included, as are HVAC systems, provided that the latter are in one of the two highest energy efficiency categories. Household appliances: Purchase of large volume appliances (excluding microwave and small appliances); must be in one of the two highest energy efficiency categories. Your household appliances or heating systems must have the type A label (equivalent to the old A+++) or type B (equivalent to the old A++).

What documentation do I need to prove to be eligible for the discount?

The valid documents usually required are: Purchase invoice for the goods (pro forma or final) with technical details. Technical file of the goods identifying their sustainability. Complete project with identification of requirements, Project Report . Reports from energy service companies or certified by an Engineering company (e.g. on energy efficiency improvements). Other documents (e.g. evidence of registration in the Register of Green Operators). In Documentary credits (243), it is necessary to include a pro forma invoice and issue the documentary credit using the corresponding Swift. The documentation certifying the financing conditions can't be older than: Invoices and budgets: 6 months . Work project reports: 12 months . Certifications: they are valid .

Do I need to go to a branch to apply?

It's not necessary. You can take out the loan online through your Online Banking.

The NIR (Nominal Interest Rate) is paid to a bank in exchange for the money that it loans to customers. The NIR is usually less than the APR, and cannot be used to compare the prices of different loans, since it only includes the interest rate and not all the expenses associated with the transaction. The APR (Annual Percentage Rate) indicates the cost of a financial product, such as loans, including the interest and other associated expenses and fees. This figure lets you compare different loans since the lower the APR, the cheaper the loan.

Online Business Loan

Finance for promoting your business

Get immediate financing without paperwork. Request the amount, purpose, repayment period, and you will have your loan ready in less than 3 minutes.

Up to €50,000 if you are self-employed or your company's turnover is under €5 million a year.
From 14 months to 10 years to repay it if you are self-employed, and from 14 months to 7 years to repay it if you are an SME.
With a fixed and personalized interest rate and a discount for sustainable uses.

This example will make it clearer

Pedro has an artisan bakery and needs €25,000 to upgrade his machinery. He wants to repay the money in installments of less than €1,000 per month.

Quickly and from his bakery using his mobile phone, Pedro was able to calculate his installment and apply for the loan online.

How did he calculate his payment?

Amount: €25,000.
Repayment period: 3 years.
Interest rate: 6.5% NIR, 6.98% APR.
Commitment fee included in the APR: 0.25% of the amount requested (minimum: €100).
Monthly payment: €766.23.
Total amount: €27,684.10.

Conditions and bonuses tailored to you

Direct, transparent financing with no surprises
From 14 months to 10 years to repay it if you are self-employed, and from 14 months to 7 years to repay it if you are an SME.
Predefined fees in your application depending on the amount you request.
From €1,500 to €50,000 if you are self-employed or your company has an annual turnover of less than €5 million.
Fixed and personalized interest rate.
A bonus for sustainable projects if you provide the corresponding documentation.
If something remains to be paid back on the last day, the charge will be made to your account, without interest or penalties.

Get a more competitive interest rate for your loan

If you use your loan to purchase an electric or plug-in hybrid vehicle, install solar panels, or invest in other measures aimed at improving your business’s energy efficiency, such as purchasing equipment that helps reduce energy consumption, you can benefit from a reduced interest rate.

To access the reduced rate, you must prove, through the corresponding documentation, that the loan will be used for environmentally conscious improvements.

Not all businesses need the same loan

You can compare the differences between an Online Loan and a Business Loan to choose how you want to finance your business.

Online Business Loan	Business Loan
Online Business Loan Sign-up 100% digital via BBVA website or app	Business Loan Sign-up Application via form and sign up in branch
Online Business Loan Loan amount From €1,500 to €50,000 (online)	Business Loan Loan amount From €600 and with no defined limit
Online Business Loan Repayment installments Fees defined in your application	Business Loan Repayment installments Flexible and personalized installments
Online Business Loan Interest rate Fixed interest rate	Business Loan Interest rate Fixed or variable
Online Business Loan Purpose of the loan Purpose defined in the application	Business Loan Purpose of the loan Circulating, expansion, or more
Online Business Loan Maximum term 10 years as a self-employed worker and 7 years in SMEs	Business Loan Maximum term 10 years for self-employed individuals and SMEs
Online Business Loan Find out your repayment installment	Business Loan Apply

Do you need more than €50,000?

Contact the team of advisers at BBVA for advice and answers to your questions.

And if you have any questions, we'll answer them

If you have any questions, please contact us and our specialists will be happy to help you.

The Online Business Loan is a 100% digital financing process designed for BBVA customers in which you choose and request the loan amount, we analyze your profile and, once approved and signed by you, you receive the money in your account instantly.

Online Business Loan

Online Business Loan

Finance for promoting your business

This example will make it clearer

Conditions and bonuses tailored to you

Direct, transparent financing with no surprises

Get a more competitive interest rate for your loan

Not all businesses need the same loan

Do you need more than €50,000?

And if you have any questions, we'll answer them

If you have any questions, please contact us and our specialists will be happy to help you.

Do you need anything else?

How does the Online Business Loan work?

Is there a commitment fee?

What do I need to apply for the loan?

What factors are considered when granting a loan to self-employed individuals and companies?

How much money can I request?

What can I invest in to make my business more sustainable?

What documentation do I need to prove to be eligible for the discount?

Do I need to go to a branch to apply?

What is NIR and APR?