What we do
Equity products
Technology Transfer
European Angels Fund (EAF) - Co-investments with Business Angels
Venture capital
The Social Impact Accelerator (SIA)
Lower mid-market
Mezzanine Facility for Growth
Pan-European Venture Capital Fund(s)-of-Funds programme
Single EU Equity Financial Instrument
COSME - Equity Facility for Growth
InnovFin Equity
Private equity secondary market transactions
EIF-NPI Equity Platform
Debt products
AGRI Guarantee Facility
Credit enhancement
Cultural and Creative Sectors Guarantee Facility (CCS GF)
ENSI - Securitisation Initiative
Erasmus+ Master Loan Guarantee Facility
EREM debt products
Single EU Debt Financial Instrument
COSME - Loan Guarantee Facility
InnovFin SME Guarantee Facility
The SME Initiative
The SME Initiative Bulgaria
The SME Initiative Finland
The SME Initiative Italy
The SME Initiative Malta
The SME Initiative Romania
The SME Initiative Spain
EaSI Financial Instruments
EaSI Capacity Building Investments Window
EaSI Guarantee Instrument
European Progress Microfinance Facility
Entrepreneurs supported through Progress Microfinance
European Fund for Strategic Investments (EFSI)
How does EIF contribute to EFSI
How to apply for EFSI financing
EFSI Equity instrument
Regional Development - Country and sector-specific initiatives
Baltic Innovation Fund (BIF)
Competitiveness Fund-of-Funds for SMEs in Romania
Deep and Comprehensive Free Trade Area Initiative East Guarantee Facility (DCFTA)
Dutch Venture Initiative (DVI-II)
European Recovery Programme (ERP)
ERP-EIF Co-Investment Growth Facility
ESIF Fund-of-Funds Czech Republic
ESIF Fund-of-Funds Greece
Greater Anatolia Guarantee Facility (GAGF)
G43 - Anatolian Venture Capital Fund Project
LfA-EIF Facility
Luxembourg Future Fund (LFF)
Mezzanine 'Fund of Fund' for Germany (MDD)
Polish Growth Fund of Funds (PGFF)
Swedish Venture Initiative (SVI)
Turkish Growth and Innovation Fund (TGIF)
The EIB Group Risk Enhancement Mandate (EREM)
Western Balkans Enterprise Development & Innovation Facility II (WB EDIF II)

Our credit enhancement operations aim to enhance access to finance to small and medium sized enterprises (SMEs) in the EU Member States and Candidate Countries as well as in the European Free Trade Association (EFTA) countries.

By facilitating the execution of securitisation transactions, we provide guarantees to banks and financial institutions allowing them to diversify their funding sources and to achieve economic and regulatory capital relief through credit risk transfer.

We focus mainly on :

  • SME loans
  • SME loan guarantees
  • Small ticket lease receivables
  • SME trade receivables
  • Venture financing (lease/loans)
  • Micro-loans

What are the benefits for the selected financial institutions ?

  • Our Asset-backed securities are assigned its AAA/Aaa/AAA rating.
  • We can can sell protection on the underlying portfolio itself, e.g. directly to the benefit of the originator in synthetic deals.
  • Credit risk transfer and capital relief - through the placement of notes with cash investors or otherwise - are further facilitated by the zero risk-weighting assigned to the assets we guarantee (Basel II), thanks to our Multilateral Development Bank status. 
  • Our guarantees are offered at competitive prices, after a detailed analysis of the transaction and of the originator

What kind of guarantees are available?

We can provide various types of guarantees (such as wraps, bilateral guarantees, credit default swaps, etc.) on senior and/or mezzanine tranches of risk, typically with a minimum rating equivalent to BB/Ba2.

Guarantees on ABS are provided in different forms, such as wraps or bilateral guarantees to the noteholders.

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