EUR 300 million EIB loan for SMEs granted to UniCredit Leasing in Italy

 European funds

Related EU Grant Loans Programme(s):
 Loans for financial intermediairies to support small or medium European projects

The European Investment Bank (EIB) and the UniCredit Group have signed in Milan a EUR 300 million finance contract aimed at small and medium-sized enterprises (SMEs). The agreement forms part of the EU policy that the EIB is implementing in cooperation with banking groups aimed at improving small businesses’ access to credit as Europe emerges from the economic crisis.

The EIB funds will be channelled to small businesses via UniCredit Leasing. The new SME-financing rules designed to streamline loan application and disbursement procedures will be applied.

Through UniCredit Leasing’s lease financing schemes, it will be possible to finance up to 100% of the total value of projects, with a cap of EUR 12.5 million per project. Further agreements with the EIB in support of the network in Austria, Germany, Poland and elsewhere in Europe will be concluded shortly.

Les commentaires sont fermés.