The EIF has announced the signature of guarantee agreements with Andbank (via Actyus Growth Finance), BBVA, CaixaBank, EBN Banco, ICF, Inveready, Kutxabank, MicroBank, Santander, Tresmares and Unicaja (via Seneca Direct Lending). The guarantees are being made possible by a contribution from the Regional Resilience Fund financed by NextGenerationEU, together with own funds from the EIF. The agreements will enable these financial institutions to channel €2.5 billion in new financing to Spanish small businesses and mid-caps for investments in innovation, sustainability and competitiveness. Over 6 000 companies are expected to benefit from this financing, promoting investment in areas such as research, development and innovation, energy efficiency, the social economy and digitalisation.