InnovFin risk-sharing guarantee for innovative SMEs
The risk-sharing guarantee helps SMEs to develop and grow.Suitable for innovative SMEs focusing on product development
Investing in your company’s growth will be easier than before.
Lower collateral required
The European Investment Fund (EIF) shares with OP the financing risk associated with your project and gives a 50% or 80% risk-sharing guarantee for your loan.
We will apply for the guarantee for you
We will together with your company assess conditions for financing and the risk-sharing guarantee facility and then make a loan decision.
A good financing solution when your company is growing fast or is innovative
OP has agreed on the InnovFin risk-sharing guarantee with the EIF. The risk-sharing guarantee facility improves the availability of financing to SMEs and makes it easier for you to invest in your company's growth.
The risk-sharing guarantee facility is a good financing solution, especially when your company is growing fast or is innovative and invests significantly in product, service and process development.
InnovFin risk-sharing guarantee means financing at a lower cost. It reduces your company’s need for collateral because the EIF shares with OP the financing risk associated with your project and gives a 50% or 80% guarantee for your loan. Receiving an 80% risk-sharing guarantee for working capital financing is possible until 30 June 2021.
Does the InnovFin risk-sharing guarantee suit your company?
- Your company is an unlisted SME, a Small Mid-cap, or a Large Mid-cap with less than 3,000 employees.
- Your maximum loan need is 7.5 million euros (risk-sharing guarantee facility accounts for 50% or 80% of the loan).
- Your company fulfils at least one of the specified innovation criteria.
We will assess conditions for financing and guarantee with your company and then make a loan decision. EIF guarantee facility is intended for profitable investments.