Release date: 9 January 2024
Promoter – Financial Intermediary
SG EQUIPMENT FINANCE BENELUX BVLocation
Description
The project will support eligible small and medium sized enterprises (SMEs) and mid-cap investments through leasing schemes in Benelux. At least 70% of the loan will be allocated to SMEs investments. At least 20% of the facility will be dedicated to Climate Action and Environmental Sustainability projects
Objectives
The aim is to contribute to private sector development, job creation and economic growth, especially in the lesser-developed regions. The borrower will finance investments that contribute to a reduction of greenhouse gases, supporting the EIB's commitment to invest in climate change mitigation and adaptation, and supporting low-carbon and climate-resilient growth in Benelux.
Sector(s)
- Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
EUR 120 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 - 27/12/2023
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).