Date de publication: 17 juillet 2023
Promoteur – Intermédiaire Financier
BRD SOGELEASE IFN SALieu
Description
The operation is structured as multiple beneficiary intermediated loan (MBIL) to support projects carried out by small and medium sized enterprises (SMEs) and mid-caps in Romania.
Additionality and Impact
Operation aims to help mitigate market failure of SME and Midcaps' insufficient access to long term funding for their investments at low financing costs.
By addressing these market gaps, which are more acute in Romania compared to EU average, project in particular supports strengthening of EU's economic, social and territorial cohesion (85% expected to be implemented in cohesion regions) and it also mitigates gap in financing for small to mid-size Climate Action & Environmental Sustainability projects with a 20% green window.
Small size of SMEs makes them more vulnerable to economic cycles and more constrained in opportunities for growth. Leasing as a method of financing offers various advantages for SMEs compared to traditional bank loans. Among others, leasing facilitates access to finance for companies with limited access to bank lending and new/young enterprises without credit track record and with limited collateral to provide.
Most important contributions of EIB loan will be: long term funding potentially in local currency, diversification of external funding, signalling effect for other financiers to provide similar long-term loans to Borrower, and availability of Green Gateway advisory support package which could contribute to capacity building at Intermediary.
Objectifs
The aim is to enhance access to finance for the final beneficiaries. Part of available resources will support Climate Action projects.
Secteur(s)
- Lignes de crédit - Lignes de crédit
Montant BEI envisagé (montant approximatif)
EUR 120 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 - 12/12/2023
Clause de non-responsabilité
Avant d’être approuvés par le Conseil d’administration et avant la signature des prêts correspondants, les projets font l’objet d’une instruction et de négociations. Par conséquent, les informations et données fournies sur cette page sont indicatives.
Elles sont fournies à des fins de transparence uniquement et ne peuvent être considérées comme représentant la politique officielle de la BEI (voir également les notes explicatives).