According to El Confidencial, the new vehicle will analyze the financing of any project starting at 4 or 5 million euro in Spain and Portugal, from buying terrains, to the purchase of logistic assets, hotel repositioning, among other businesses. It will concern «moderate risk» and small and mid-sized operations.
The idea, according to the Spanish newspaper, is to give an alternative to a market segment which is looking for financing options other than traditional banking, so that financing won’t be an obstacle for the start of these projects.