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    Reference: 20140086
    Release date: 23 October 2014

    Promoter – Financial Intermediary

    SPECIAL PURPOSE ENTITY(IES) AND FUND(S)

    Location

    Description

    Programme facility for funding of equity and loan funds set up in several UK regions to support SMEs (including micro-enterprises) and Mid-caps.

    Objectives

    EIB's participation in the proposed funding vehicles will enable SMEs to access long-term funding, including mezzanine and equity, not readily available through commercial banks.

    Comments

    Sector(s)

    Proposed EIB finance (Approximate amount)

    GBP 416 million (EUR 552 million)

    Total cost (Approximate amount)

    not applicable

    Environmental aspects

    Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

    Procurement

    Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

    Status

    Approved - 3/02/2015

    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).

    Related tags

    United Kingdom Credit lines