Sustainable SME Loan

We help you improve the energy efficiency of your business

If your loan is for improvements in the energy efficiency of your business, you can enjoy a discount on the interest rate of your loan.
  • Discount on the interest rate.
  • Commitment fee waiver.
  • Up to 10 years to repay it.
  • With the possibility of an interest-only period.

Features

  • Amount and term
    • You can ask for the amount you need with no capital limit.
    • The repayment period is flexible with a maximum of 120 months.
  • Purposes
    Installation of solar panels for self-consumption, mobility (plug-in hybrid and electric vehicles or charging points) and energy efficiency (insulation, air-conditioning, lighting, home automation and other energy-saving upgrades).

Terms and Conditions

  • Fees

    Commitment fee 0% on the loan amount.

    Partial and total early settlement fee: 5.00% of the repaid amount.

    Interest rate
    • Discount on the interest rate.
    • Fixed and personalized according to term and amount.
    • Monthly installments are paid from the effective date onwards.
    The economic conditions reflected in this document are indicated for information purposes only, and are not binding. The TIN and APR will depend on the specific characteristics of the operation and the final risk analysis by the Bank.

Additional information

  • What are the requirements?
    • You must be self-employed or have a company with a revenue of less than 5 million euros per year.
    • In order to be eligible for a discount on your interest rate and exemption from the commitment fee, you must verify, through the corresponding supporting documentation, that the loan will be used in its entirety for a purchase or upgrade to improve its energy efficiency, as specified in our detailed list below.

     

    What investments and projects can you finance?
    • Photovoltaic installations for electrical self-consumption.
    • Acquisition of electric vehicle, bicycle or skateboard.
    • Acquisition of plug-in hybrid vehicle.
    • Vehicle purchase up to 75 gr. CO2/Km (technical data sheet).
    • Installing charging stations.
    • Electric or hydrogen forklifts.
    • Heavy vehicle: electrical, hydrogen, LNG or CNG.
    • Urban or suburban transport, electric, hydrogen, LNG or CNG.
    • Wall insulation. Window installation. LED lighting.
    • HVAC systems.
    • Low consumption appliances (A or B).
    • Condensation or biomass boiler.
    • Residual water heating systems.
    • Home automation control residential energy efficiency.
    • Real estate rehabilitation energy savings > 30%.
    • Rehabilitation of buildings with an energy saving subsidy.

     

    Did you know that...?
    • You must use financing responsibly in order to be able to cover the repayments and thus avoid possible surcharges in the form of fees or interest.
    • In the event of delays in the monthly repayment, the corresponding late payment fees will be applied.
    • The Bank will request the corresponding proof of the purpose of the investment you have indicated. Should you fail to provide written proof, or if the documentation does not align with the information previously provided, the Bank will revise the loan terms, tailoring them to the specific purpose of the loan.

     

    Validity of the offer
    The granting of the Sustainable SME Loan is subject to prior approval by BBVA. This offer is valid until December 31, 2024.

Would you like more information?

Sustainable SME Loan

The information that BBVA provides on its financing products does not constitute a firm offer. The amounts shown on the factsheet and in the personalized calculation are based on estimates that we make based on the data we have on you, and are always subject to approval by BBVA. 

This factsheet also does not imply a recommendation to apply for the products or amounts indicated, nor does it commit BBVA to grant them. Furthermore, its information does not replace or amend the pre-contractual and/or contractual documentation that we will send you if your financing application is approved, which you must read and consent to before signing the contract.

 

Sustainable SME Loan
Apply