What is the procedure for obtaining an EIB loan?
No special formalities are attached to the submission of applications to the EIB for individual loans. Project promoters are required simply to provide the Bank’s Operations Directorate with a detailed description of their capital investment together with the prospective financing arrangements. Initial contacts to discuss a proposed project can be in any form, by telephone, fax, e-mail or letter. For such first contacts, the project promoter should provide sufficient information to allow verification of compliance of the investment with the eligibility criteria of the EIB and have a well-developed business plan.
