Credit Lines through Selected Financial Intermediaries

Credit lines have the purpose to provide selected banks with medium-term capital not available in the market and to encourage establishment of long term relationship between banks and SMEs.

 

Financing is provided in the form of loans (credit lines) through client commercial banks and leasing companies, incorporated in the respective member country with a large branch network and prior good quality experience in SME financing. The borrower will be the participating financial intermediary.

 

Sub-loans are provided by the intermediary to SMEs on commercial basis terms and their maturity cannot exceed the remaining time to maturity of the credit line.