We provide to our financial intermediaries an Integrated Risk Finance Product Range of SME finance, complementing the products offered by the European Investment Bank (EIB) with which we form the EIB Group. We aim at satisfying existing and future market needs by designing innovative financial products such as:
Equity ProductsWe invest in venture capital and growth funds, mezzanine funds that support SMEs. |
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Debt productsOur clients are a wide range of financial intermediaries, such as banks, mutual guarantee funds, leasing companies and special purpose vehicles providing funding to beneficiary SMEs. |
While our equity instruments aim to improve the availability of risk capital for high-growth and innovative SMEs, we also target the debt requirements, as many SMEs seek finance through this more traditional route. Therefore we also provide guarantees and credit enhancement through securitisation to improve the lending capacity of our financial intermediaries and thus the availability and terms of debt for beneficiary SMEs.
We have systematically developed skills in providing financial engineering products to SMEs in Europe. Therefore, in 2006, 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.
We carry out our activities in the European Union (EU) Member States, in EU Candidate and Potential Candidate Countries and in the European Free Trade Association countries (Iceland, Liechtenstein, Norway and Switzerland).
