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Signature(s)

Amount
€ 175,000,000
Countries
Sector(s)
Germany : € 87,500,000
The Netherlands : € 87,500,000
Credit lines : € 175,000,000
Signature date(s)
19/12/2019 : € 37,500,000
19/12/2019 : € 37,500,000
16/04/2019 : € 50,000,000
16/04/2019 : € 50,000,000
Link to source

Summary sheet

Release date
23 April 2019
Status
Reference
Signed | 16/04/2019
20170226
Project name
Promoter - financial intermediary
FUNDING CIRCLE P2P FACILITY
FUNDING CIRCLE CE GMBH
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 175 million
not applicable
Location
Sector(s)
Description
Objectives

The project consists of an operation to provide financing to small and medium-sized enterprises (SMEs) in Germany and the Netherlands via Funding Circle, a leading online Peer-to-Peer lending platform.

This project will improve competitiveness and access to finance at favourable conditions for SMEs in Germany and the Netherlands.

Environmental aspects
Procurement

Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

Link to source

Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

scoreboard - FUNDING CIRCLE P2P FACILITY
Publication Date
21 Sep 2018
Document Language
English
Main Topic
lending
Document Number
86490991
Document Focus
EFSI legal requirements
Document Type
Scoreboard
Project Number
20170226
Last update
21 Sep 2018
Sector(s)
Credit lines
Countries
Germany, The Netherlands
Publicly available
Download now
Link to source

News & Stories

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Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
Alternatively, the EIB can be contacted through its external offices.
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The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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