Helsinki in the snow

SME initiatives inked

Category: Risk Management ABS

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EIF launches further guarantee programmes for businesses across Europe

The EIF has launched two new funding initiatives to support SMEs in Europe, including a first-of-its kind initiative in Finland. The second provides funding support for Lithuanian micro businesses and SMEs.

The Finnish programme comprises a guarantee agreement signed by the EIF and Finnish specialist lender, Finnvera. The guarantee is designed to facilitate around €190m of new lending for SMEs that are seeking to grow their businesses.

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