Release date: 27 September 2019
Promoter – Financial Intermediary
FRAER LEASING SPA,SG LEASING SPALocation
Description
The project consists of a dedicated EIB Loan to finance eligible SMEs and Midcap investments via leasing schemes in Italy. 30% of the operation will be dedicated to innovative SMEs and Mid-caps in the framework of the Industria 4.0 National Plan launched by the Italian government.
Objectives
The loan will improve access to term finance at favorable conditions for small or medium-sized projects carried out by SMEs and Midcaps.
Sector(s)
- Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
EUR 150 million
Total cost (Approximate amount)
not applicable
Environmental aspects
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Procurement
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Status
Signed - 17/01/2020
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).