Banks, national promotional
banks or other financial
institutions
The EIB provides loans to institutions
acting as financial intermediaries by
financing small investments by SMEs
(less than 250 employees), mid-sized
companies of up to 3 000 employees,
or local authorities. In particular, EFSI projects need to
be:
Financial intermediaries may also
benefit from EIB portfolio guarantee
instruments as well as EIF products. • Contributing to EU objectives,
including sustainable growth and
employment
How are projects selected for
EFSI financing?
To benefit from EFSI resources
deployed through the EIB, your
projects need to undergo the standard
EIB due diligence process. This
process helps to verify if your project
is eligible for EIB financing. • Mature enough to be bankable
If it is and the operational department
proposes that it be backed by EFSI, it
will be presented to the independent
Investment Committee to decide on
the use of the EU-guarantee.
• Economically
sound
and
technically
• In at least one of the EFSI eligible
sectors as defined in Article 9 of the
EFSI Regulation
• Priced in a manner commensurate
with the risk taken
• Following a positive outcome of
the due diligence process, projects
are submitted for approval by the
relevant EIB Group Governing
Bodies.
How should financial institutions
and fund management companies
offering financial products apply for
EFSI financing?