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. SME InnovFin risk-sharing guarantee means financing at a lower cost and reduces your company’s need for collateral because the EIF shares financing risk associated with a project with OP by giving a 50% guarantee for the loan.
Does the SME InnovFin risk-sharing guarantee suit your company?
- Your company is an unlisted SME with less than 500 employees.
- You need loan worth a maximum of 7.5 million euros (risk-sharing guarantee facility accounts for 50% of the loan).
- Your company fulfils at least one of the innovation criteria shown below.