Signature(s)
Summary sheet
- Credit lines - Credit lines
The project will finance small/medium scale projects carried out by small and medium sized enterprises (SMEs) and Midcaps with a strong focus towards sustainability.
The aim is to enhance access to finance for SMEs and Midcaps.
The project supports the financing of small scale projects carried out by SMEs and Mid-Caps across the EU with high relevance in terms of sustainability. The project has a very good policy contribution as it addresses access to finance for SMEs and Mid-Caps with a focus on Climate Action & Environmental Sustainability. The operation is a further step in the implementation of the Climate Action & Environmental Sustainability via financial intermediaries, targeting a specific sub-segment of SME/Mid-Cap lending. The financially sound financial intermediary is well placed and has a strong and positive track record of implementing such projects. The facility is expected to offer a strong contribution to maintaining employment as it is expected to support a large number of smaller leases of SMEs and Mid-Caps. The EIB involvement offers a financial benefit and funding diversification. EIB's cooperation and engagement with the financial intermediaries aids in facilitating the transition to greener financing.
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.