SGEF CZ LOAN FOR SMES-MIDCAPS & OTHER PRIORITIES

Promoteur – Intermédiaire Financier

SG EQUIPMENT FINANCE CZECH REPUBLIC SRO

Lieu

• Tchéquie
• Slovaquie

Description

Financing of small and medium-sized projects carried out by small and medium-sized enterprises (SMEs) and mid-caps mainly in the Czech Republic and partially in Slovakia.

Additionality and Impact

The operation predominantly addresses access to finance constraints facing SMEs and Midcaps in Czech Republic and Slovakia. Furthermore, the finance unlocked by the EIB benefits cohesion areas (80%) and thus helps reduce regional disparities per the EU's cohesion policy. Implementation is handled by an intermediary (SGEF CZ) that has in-depth experience with implementing EIB products through a network of branches in the targeted regions. The operation likewise sustains employment in the targeted areas and the 15% climate action target is sizeable and aliged with the EIB's Climate Action Strategy. The EIB contribution to the success of the intermediary rests on longer maturity, customisation of repayment terms (amortising loans with grace periods and/or bullet loans), technical assistance focused on Climate Action allocations and signalling effect that may help crowd in additional financing.

Objectifs

Financing of small/medium projects carried out by SMEs and mid-caps. This operation will contribute to the economic recovery after the COVID-19 pandemic.

Secteur(s)

• Transports - Transports et entreposage
• Lignes de crédit - Lignes de crédit

Montant BEI envisagé (montant approximatif)

EUR 200 million

Coût total (montant approximatif)

not applicable

Aspects environnementaux

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

Passation des marchés

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

Statut

Signé - 14/07/2022