Pollen Street Capital provides facility to Zintra Capital to support growth of Spanish SME lending, backed by government guarantees

Pollen Street Capital (“Pollen Street”) today announces the completion of a facility to Zintra Capital.

Zintra Capital is a leading Spanish private credit platform specialising in short-term alternative financing to SMEs, operating the largest non-bank credit and structuring team in Spain. In 2025, Zintra was acquired by CIMD Intermoney, the main independent financial services group in Southern Europe, providing strong institutional backing to the platform.

The facility provides financing into Vera, a Spanish securitisation vehicle that acquires Promissory Notes Programs (PNPs), short-term, notarised instruments with strong and immediate enforceability rights. The facility will benefit from an asset-level AvalMadrid guarantee, a Spanish government-backed instrument. This guarantee provides unconditional and irrevocable coverage, materially enhancing the structural protection of our position. Our facility also benefits from junior cash equity from the borrower.

This investment reflects Pollen Street’s continued focus on European specialty finance platforms with strong origination franchises, robust structural protections, and high-quality institutional sponsorship.

Francesco Cilloni, Partner, Pollen Street, commented: “Zintra Capital has built a genuinely differentiated position in Spanish SME finance: a specialist origination franchise, a rigorous credit process, and strong institutional backing from CIMD Intermoney. This facility gives us exposure to a well-structured, government-guaranteed asset class and we are pleased to continue to expand our relationship with the great team at Zintra”.