The European Investment Bank/The European Investment Fund

Loans for SMEs

Provider: The European Investment Bank (EIB)
 

Target group

All independent businesses with less than 250 employees. The loans can be used for the purchase of tangible and intangible fixed assets or as working capital and thus be included in the financing of investments and expenses that are a prerequisite for development.
 

Terms

EIB loans are provided through commercial banks throughout the EU that deal with SME loan applications. There is no risk-sharing between the EIB and the commercial bank. On the other hand, the EIB can offer the loan to the commercial bank on relatively favourable terms, given that the bank passes on the financial benefits.
 
The intermediary bank sets the conditions for each loan. EIB’s financing can figure in loans with maturities between 2 and 12 years and may not exceed 12.5m EUR per loan.
 
 
 

Risksharing Instrument (RSI)

Provider: European Investment Fund (EIF).
 

Target group

Independent SMEs with less than 500 employees. In addition, the product aims at innovative and research-based SMEs. The loans can be used for the purchase of tangible and intangible fixed assets or as working capital.
 

Terms

At this point, the RSI is offered through a pilot project where registered commercial banks offer the product for SMEs. The intention is that the product should continue in the EU's research programme, Horizon 2020, which runs from 2014-2020.
 
A loan may constitute at least 25,000 EUR and maximum 7.5m EUR. The loan period is in the range of 2-7 years. EIF covers 50 percent of the risk on each loan.
 
We gather statistics by using cookies. If you continue using the site, you automatically agree to this. Reject here