Import finance

If you are purchasing supplies from outside of Spain, the local banks may be able to offer you import finance.
 
A credit line is set up initially for the required limit, and the bank will pay your supplier's invoices at the due date, financing the payment over a determined period of time (usually 90 or 120 days).
 
Banks prefer this type of finance to an overdraft facility, as it ensures a rotation of deals every three months or so. Some banks will offer a more flexible facility which allows you to finance other types of international transactions, such as discount of overseas customer invoices.