Signature(s)
Amount
€ 175,000,000
Countries
Sector(s)
Germany
: € 87,500,000
The Netherlands
: € 87,500,000
Credit lines
: € 175,000,000
Signature date(s)
19/12/2019 : € 37,500,000
19/12/2019 : € 37,500,000
16/04/2019 : € 50,000,000
16/04/2019 : € 50,000,000
Link to source
Data sheet
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Summary sheet
Release date
23 April 2019
Status
Reference
Signed | 16/04/2019
20170226
Project name
Promoter - financial intermediary
FUNDING CIRCLE P2P FACILITY
FUNDING CIRCLE CE GMBH
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 175 million
not applicable
Location
Sector(s)
- Credit lines - Credit lines
Description
Objectives
The project consists of an operation to provide financing to small and medium-sized enterprises (SMEs) in Germany and the Netherlands via Funding Circle, a leading online Peer-to-Peer lending platform.
This project will improve competitiveness and access to finance at favourable conditions for SMEs in Germany and the Netherlands.
Environmental aspects
Procurement
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Related documents
Link to source
Summary sheet
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scoreboard - FUNDING CIRCLE P2P FACILITY
Publication Date
21 Sep 2018
Document Language
English
Main Topic
lending
Document Number
86490991
Document Focus
EFSI legal requirements
Document Type
Scoreboard
Project Number
20170226
Last update
21 Sep 2018
Sector(s)
Credit lines
Countries
Germany, The Netherlands
Publicly available
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