JEREMIE Holding Fund Lithuania: Information note to the Financial Intermediaries

Eligibility Criteria   

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SME Transaction Criteria

ii)                  SME Transaction shall not be a lease-back transaction entered into for cash flow management purposes. However if an SME Transaction involves a purchase of an asset directly from a third party vendor, selling it to the Financial Intermediary and subsequent leasing the asset back from the Financial Intermediary, such SME Transaction shall deem to be eligible, provided that the period of time which would elapse from the purchase of the asset by the SME until the Lease Period Start Date does not exceed 6 months.

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