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If you would like more information, visit any of our branch offices.
Asset Based Finance (ABF) is a capital investment line that Banco Santander offers to finance assets taking advantage of tax benefits.
It is an operation for clients with a good rating and strategic investments in relatively liquid assets, such as:
Banco Santander has experience in all kinds of sophisticated operations. The Bank signed in 2019 more than 90 operations, including subrogations, advances and H2020.
Banco Santander has a team with more than 15 years of experience in structured leasing operations, with an excellent reputation, both internally and in the naval and aeronautical sectors.
If your company needs access to financing, go to your nearest Santander office.
Shall we discuss it?
If you would like more information, visit any of our branch offices.
Asset Based Financing is a financial-fiscal structure for large assets with a long useful life in order to:
Ask at your Santander office what operation best suits your investment.
Shall we discuss it?
If you would like more information, visit any of our branch offices.
No. Generally clients from any sector can participate, as long as the approval of the Bank's Money Laundering Prevention (PBC) is obtained. Sometimes the sponsor vetoes a specific sector, but not always.
Yes. In the cases of Film and R&D Tax Equity Operations, the General Directorate of Taxes (DGT) has issued many favourable binding decisions in relation to the structure.
Yes. The EU published a favourable resolution for film in May 2014 and in the case of R&D, the Bank requested two legal opinions from two top-level law firms and both concluded favourably on said compatibility.
Santander continues to be the administrator of the Economic Interest Group (AIE-Agrupación de Interés Económico) throughout the life of the structure and also maintains a 1% interest in it.
The investor's benefit is exclusively fiscal, obtaining savings in the payment of Corporate Tax by benefiting from the deductions and negative tax bases of the AIE. The profitability is close to 20%.
The manager obtains a return of 15% -20% on the amount invested by the client (without capital consumption) and also provides the client with a differentiating product with great added value.
Shall we discuss it?
If you would like more information, visit any of our branch offices.
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