We provide to our financial intermediaries an Integrated Risk Finance Product Range of SME finance, complementing the EIB product offering.By designing innovative financial products we aim at satisfying existing and future market needs.
Our main financial products are:
Equity ProductsWe invest in venture capital and growth funds, mezzanine funds that support SMEs. Our investment activities also cover technology transfer and business incubators. |
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Debt productsOur clients are a wide range of commercial, public and promotional banks, guarantee and mutual guarantee funds, leasing companies and special purpose vehicles to improve the funding they can provide to beneficiary SMEs. |
While our equity instruments aim to improve the availability of risk capital for high-growth and innovative SMEs, it is equally important to target the debt requirements, as many SMEs seek finance through this more traditional route. Therefore to improve the lending capacity of financial intermediaries and, therefore, the availability and terms of debt for beneficiary SMEs, we also provide guarantees and credit enhancement through securitisation.
We have systematically developed skills in providing financial engineering products to SMEs in Europe. In 2006, capitalising on our expertise, the European Commission mandated us to manage the JEREMIE initiative (Joint European Resources for Small and Medium-sized Enterprises), offering the EU Member States, through their national or regional Managing Authorities, the opportunity to use part of their European Union Structural Funds to finance SMEs by means of equity, loans or guarantees, through a revolving Holding Fund acting as an umbrella fund.
