Get financing1 tailored to your customer's needs: from €200 to €30,000. Your learners can pay for their licence in instalments with quick and easy loan processing and without the need to change your usual bank.
The Smart POS terminal Range provides you with advanced features and specific applications for your business:
With the Online Payment Line, you will have the necessary funds for your driving school’s day-to-day expenses such as taxes, salaries or national insurance contributions. There is no arrangement fee, no assessment fee, it is managed online and is immediate3.
If you need to update your driving school, find out more about the InfoRenting and Leasing solutions from Banco Sabadell. We cover up to 100% of the cost of the goods and you can pay the VAT deferred in each instalment4.
Customer Service Department @Sabadell_Help
1 For detailed information on the product, please contact Sabadell Consumer Finance S.A.U, a banking institution of the Banco Sabadell Group. Offer subject to the adherence to a collaboration agreement with Sabadell Consumer and the prior authorisation of the financing by the entity.
2 InstantCredit is the digital consumer finance solution for goods and services offered by Sabadell Consumer Finance, S.A.U. Sabadell Consumer is a credit institution belonging to the Banco Sabadell Group, with registered office in Pl. Catalunya, 1, 08201, Sabadell, tax ID A63574719, registered in the Mercantile Registry of Barcelona, volume 42.960, folio 80, page B295423, entry 73. Offer subject to the adherence to a collaboration agreement with Sabadell Consumer and the prior authorisation of the financing by the entity. Digital solution available in the Smart POS and Smart Mini POS terminals. Not available in Smart POS Dual Screen terminals.
3 Product subject to risk acceptance. The granting, amount and term of each transaction requested will be determined by and subject to the Bank's risk criteria. The minimum amount for the line is €3,000, and the maximum will be €50,000. It will be available for one year, which can be extended for up to a maximum of five years.
APR drawdowns Online Payment Facility
Interest rate: 0.00%. Drawdowns are interest-free and are repaid monthly. APR from 6.29% to 11.05%. Facility arrangement fee: 0%. Facility assessment fee: 0%.
Examples of calculation where the first drawdown is on 20/09/2024:
APR: 6.29% for a drawdown of €3,000 to be repaid in 1 month with a drawdown fee of 0.5% (no minimum). Single instalment of €3,000. Total amount payable: €3,015. Total cost of the loan: €15.
APR: 9.53% for a drawdown of €3,000 to be repaid in 3 months with a drawdown fee of 1.5% (no minimum). Three instalments of €1,000. Total amount payable: €3,045. Total cost of the loan: €45.
APR: 11.05% for a drawdown of €3,000 to be repaid in 6 months with a drawdown fee of 3% (no minimum). Six instalments of €500. Total amount payable: €3,090. Total cost of the loan: €90.
4 The granting, amount and term of each transaction requested will be determined by and subject to the Bank’s risk criteria.
5 The requirement established in the contract will not apply during the first six months of holding a Sabadell Negocios Account. From the seventh month onwards you’ll only need to have your salary or regular monthly income for a minimum amount of €700 deposited directly into your account, excluding income from accounts opened in the Banco Sabadell Group in the name of the same account holder. If the requirement of a regular monthly income of €700 in the first two months is not met before the quarterly settlement, the Sabadell Negocios Account will automatically become a Relación Account.
6 Business Premises and Office Protection is an insurance of BanSabadell Seguros Generales, S.A. de Seguros y Reaseguros, with Tax ID A64194590 and registered office at c/ Isabel Colbrand number 22, 28050, Madrid, Spain, registered in the Mercantile Register of Madrid and in the Register of Insurance Companies of the General Directorate of Insurance and Pension Funds under code C-0767.
Insurance mediated by BanSabadell Mediación, Operador de Banca-Seguros Vinculado del Grupo Banco Sabadell S.A. ("BanSabadell Mediación") and marketed through the network of Banco de Sabadell S.A., entity with which it has signed a distribution network services contract. BanSabadell Mediación's registered address is Avenida Óscar Esplá, 37, 03007, Alicante, Tax ID A03424223, and is registered in the Mercantile Registry of Alicante and in the Administrative Register of Insurance and Reinsurance Distributors of the DGSyFP with code no. OV-0004, acting for BanSabadell Seguros Generales, S.A. de Seguros y Reaseguros, having taken out a civil liability insurance policy in accordance with the provisions of the regulations governing the distribution of private insurance and reinsurance in force at any given time. You can view the insurance companies with which BanSabadell Mediación has signed an insurance agency contract at the website www.bancsabadell.com/bsmediacion.
The insurance company could apply a surcharge in the form of quarterly or half-yearly payments.
The insured amounts and excesses are set out in the specific and general conditions of the policy. Subject to the terms and conditions set out in the policy.
* All POS terminals are products of PAYCOMET S.L.U. and marketed by Banco de Sabadell, S.A. Paycomet is a Payment Entity, belonging to the Group Banco Sabadell, with registered office in Torrelodones (Madrid) Calle Camino de Valladolid 2, Local, registered in the Commercial Registry of Madrid, Volume 40,715, Folio 165, Sheet M 722,484 holder of the CIF. No. B95842522. Paycomet safeguards funds received by users through deposit to an account separate open at Banco de Sabadell, S.A. Banco de Sabadell, S.A. will access the data related to the type of POS terminal, its situation and billing in its capacity as the sale and marketing agent of Paycomet, S.L.U.