What we do
Institutional investors
Equity products
AI Co-Investment Facility
Cleantech Co-Investment Facility
Impact investing at the EIF
Climate & Infrastructure Funds
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
EFSI Equity instrument
Single EU Equity Financial Instrument
COSME - Equity Facility for Growth
InnovFin Equity
Private equity secondary market transactions
EIF-NPI Equity Platform
ESCALAR Programme
Debt products
New ESIF ERDF Guarantee Fund initiative in Greece
EFSI Private Credit Programme
AGRI Guarantee Facility
AGRI Italy Platform Uncapped Guarantee Instrument
Credit enhancement
Cultural and Creative Sectors Guarantee Facility (CCS GF)
ENSI - Securitisation Initiative
Erasmus+ Master Loan Guarantee Facility
Skills & Education Guarantee Pilot
EREM debt products
Single EU Debt Financial Instrument
Documentary Finance Facility – Bulgaria
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
Inclusive finance
EaSI Financial Instruments
EaSI Capacity Building Investments Window
EaSI Guarantee Instrument
EaSI Funded 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
Regional Development - Country and sector-specific initiatives
Normandie Garantie Agri
FAIRE - La Réunion
Auvergne Rhône-Alpes FEADER
Recovery Equity Fund of Funds of Bulgaria
Fons d’Inversió en Tecnologia Avançada (FITA) Catalonia
Dutch Future Fund (DFF)
Dutch Alternative Credit Instrument (DACI)
PORTUGAL BLUE: a new initiative for blue economy investments
JEREMIE Greece Reflows – Business Angels’ Co-Investment Equity Instrument
German Corona Matching Facility (CMF)
Portugal Growth programme
Central and Eastern European Technology Transfer (CEETT)
Croatian Growth Investment Programme (CROGIP) II
Croatian Growth Investment Programme (CROGIP)
Croatian Venture Capital Initiative 2 (CVCi 2)
AGRI Italy Platform Uncapped Guarantee Instrument
ALTER’NA – ESIF EARFD Nouvelle-Aquitaine
Baltic Innovation Fund 1 (BIF 1)
Baltic Innovation Fund 2 (BIF 2)
Central Europe Fund of Funds (CEFoF)
Croatian Venture Capital Initiative (CVCi FoF)
Competitiveness Fund-of-Funds for SMEs in Romania
The Cyprus Entrepreneurship Fund (CYPEF)
Deep and Comprehensive Free Trade Area Initiative East Guarantee Facility (DCFTA)
EU4Business Capped Guarantee
Dutch Growth Co-Investment Programme
Dutch Venture Initiative (DVI-II)
ESIF Fund-of-Funds Greece
EAFRD FoF Portugal
EAFRD FoF Romania
The ERP-EIF Facility
ERP-EIF Co-Investment Growth Facility
The LfA-EIF Facilities
The German Future Fund (GFF) - EIF Growth Facility
INAF – French National Agricultural Initiative
ESIF Energy Efficiency and Renewable Energy Malta
Regional Fund-of-Funds Romania
ESIF Fund-of-Funds Czech Republic
The Silesia EIF Fund of Funds
La Financière Région Réunion
The EIB Group Risk Enhancement Mandate (EREM)
Call for Expression of Interest for FOSTER II
Greater Anatolia Guarantee Facility (GAGF)
G43 - Anatolian Venture Capital Fund Project
InvestBG Equity Instrument
Romania Recovery Equity Fund of Funds
JEREMIE Romania Reflows – Equity Instrument
Luxembourg Future Fund 1 (LFF)
Luxembourg Future Fund 2
Mezzanine 'Fund of Fund' for Germany (MDD)
NEOTEC resources
Polish Growth Fund of Funds (PGFF)
Portugal Venture Capital Initiative (PVCi)
Scottish-European Growth Co-Investment Programme
Slovene Equity Growth Investment Programme (SEGIP)
Swedish Venture Initiative (SVI)
Turkish Growth and Innovation Fund (TGIF)
Western Balkans Enterprise Development & Innovation Facility (WB EDIF)
EAFRD FoF Greece
Irish Innovation Seed Fund (IISF)
RRF Czech Republic Fund of Funds

DBT and European Investment Fund sign EUR 80m guarantee agreement to increase lending to SME’s in Sweden

    Date: 28 May 2019
  • DBT first private lender in Sweden to receive EIF support under InnovFin SME Guarantee Facility.
  • Deal will make available up to EUR 80 million in new lending to SMEs and mid-caps.
  • Project supported by EU budget under the Investment Plan for Europe, or Juncker Plan.

DBT Företagslån (“DBT”) becomes the first Swedish private lender to enter into agreement with the European Investment Fund (EIF) under the “InnovFin SME Guarantee Facility”. The guarantee agreement will facilitate DBT’s new lending of up to EUR 80 million. To date, only Swedish state-financed lenders such as Exportkreditnämnden (EKN), Svensk Exportkredit (SEK), ALMI and Stiftelsen Norrlandsfonden had received support under the European Commission’s “InnovFin SME Guarantee Facility”, which is backed by the European Fund for Strategic Investments (EFSI), heart of the Investment Plan for Europe.

Alexis Kopylov, CEO of DBT, said: “We are incredibly proud that the EIF after thorough due diligence and a comprehensive approval process has approved DBT for its InnovFin SME Guarantee Facility. For DBT, this is a great testament of our lending operations and the dedicated and robust way in which we have built DBT since start. The guarantee facility is an important milestone in DBT's ambition to build the leading lender to small and medium-sized companies. For our customers, this means that we now can offer a more favourable interest rate as a result of the EIF InnovFin guarantee.”

European Commission Vice-President Jyrki Katainen, responsible for Jobs, Growth, Investment and Competitiveness, said: "Thanks to this financing agreement with DBT, Swedish companies wishing to scale their business or expand their production capacity have another source to apply to for financial support. Thanks to the Investment Plan’s backing of the European Investment Fund, already more than 10,000 SMEs in Sweden can benefit from loans at favourable terms."

EIF Chief Executive, Pier Luigi Gilibert, added: “Signing the first private lender in Sweden is a great milestone for us, and proof of the necessity of offering this type of guarantee scheme. Access to finance is a chronic issue ever since the financial crisis and the EIF remains fully committed to address the issue with all the means it has.”

Under the agreement, DBT will take into account the InnovFin guarantee in its price calculation for new loans, thus offering more favourable terms to SMEs and small mid-caps. The guarantee also translates into a risk spread reduction for the final recipient.

Background information

The European Investment Fund (EIF) is part of the European Investment Bank group. Its central mission is to support Europe's micro, small and medium-sized businesses (SMEs) by helping them to access finance. EIF designs and develops venture and growth capital, guarantees and microfinance instruments which specifically target this market segment. In this role, EIF fosters EU objectives in support of innovation, research and development, entrepreneurship, growth, and employment.

DBT Företagslån (DBT) is a specialist lender focusing on Sweden’s growing SMEs. Enabling growth by offering transparent and flexible growth-oriented loans as an alternative to the rigid high street banks and undue short-term loans. www.dbtforetagslan.se

The InnovFin SME Guarantee Facility - managed by the EIF – is an initiative launched by the European Commission and the EIB Group in order to improve European small and medium-sized enterprises (SME) access to finance. The InnovFin SME Guarantee Facility is deployed by eligible local banks, leasing companies, guarantee institutions (“financial intermediaries”), etc. which are selected after a due diligence process. The EIF, acting as the implementing body, covers a portion of the losses incurred by the financial intermediaries on loans, leases and guarantees between EUR 25 000 and EUR 7.5 million, which they provide under the InnovFin SME Guarantee Facility. By collaborating with carefully selected financial intermediaries the EU and the EIF can, in this way, allow the provision of more debt financing to innovative SMEs and innovative small and medium-sized companies across Europe. Selected European banks that have previously been approved include Ålandsbanken, HSBC, Commerzbank, Deutsche Bank, Barclays Bank and Nordea.

The Investment Plan for Europe - the Juncker Plan - focuses on strengthening European investments to create jobs and growth. It does so by making smarter use of new and existing financial resources, removing obstacles to investment, and providing visibility and technical assistance to investment projects. The European Fund for Strategic Investments (EFSI) is the central pillar of the Juncker Plan. It provides a first loss guarantee, allowing the EIB to invest in more, often riskier, projects. As of May, the projects and agreements approved for financing under the EFSI are already expected to mobilise EUR 398.6 billion in investments and support around 949,000 SMEs across all 28 Member States. Find the latest EFSI figures by sector and by country here, or see the FAQs.

Press contacts:

Tim Smit
+352 691 286423

Alexis Kopylov
+46 (0) 73-352 33 79

European Commission:
Siobhán Millbright
+32 460 75 73 61


We use cookies to give the best browser experience on our website. or change cookie settings.

Note: Following the recent withdrawal of the United Kingdom from the European Union, we are updating the relevant EIF.org pages.


Copyright ©

 European Investment Fund   – The European Investment Fund is not responsible for the content of external internet sites.