Release date: 6 January 2014
Promoter – Financial Intermediary
SOCIETE GENERALE EQUIPMENT FINANCE LTDLocation
Description
Support of equipment lease finance for SMEs in the United Kingdom.
Objectives
Financing of small/medium projects carried out by small and medium sized enterprises, with a focus on high technology, transport and industrial as well as agriculture equipment.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 118 million (GBP 100 million)
Total cost (Approximate amount)
Not applicable.
Environmental aspects
In accordance with the Bank’s policy to ensure that sub-loans comply with the Community acquis, in particular in the fields of environment and public procurement, the Bank will require the intermediary institution to take all the requisite measures to ensure that the environment and procurement procedures carried out by the final beneficiaries for the sub-projects that the Bank finances will comply with the relevant EU legislation and the applicable national legislation.
Procurement
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Status
Signed - 17/07/2014
Disclaimer
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).