COSME loan guarantee facility

E318598

The COSME loan guarantee facility is an EU program that helps small and medium-sized enterprises access finance by providing guarantees and counter-guarantees to financial intermediaries.

All labels observed (1)

Label Occurrences
COSME loan guarantee facility canonical 1

How this entity was disambiguated

Statements (44)

Predicate Object
instanceOf European Union programme ⓘ
loan guarantee facility ⓘ
aimsTo improve access to finance for SMEs ⓘ
basedOn risk-sharing with financial intermediaries ⓘ
benefits improved loan conditions for SMEs ⓘ
reduced collateral requirements for SMEs ⓘ
doesNotProvide direct loans to SMEs ⓘ
eligibleIntermediaries banks ⓘ
guarantee institutions ⓘ
leasing companies ⓘ
mutual guarantee societies ⓘ
focusesOn market gaps in SME financing ⓘ
fundingSource European Union budget ⓘ
geographicalScope European Union Member States ⓘ
implementedBy European Investment Fund ⓘ
legalFramework Regulation (EU) No 1287/2013 ⓘ
managedBy European Commission ⓘ
objective encourage financial intermediaries to lend to SMEs ⓘ
facilitate access to bank loans for SMEs ⓘ
support SME growth and competitiveness ⓘ
operatedBy European Investment Fund ⓘ
partOf COSME programme ⓘ
policyArea small and medium-sized enterprises ⓘ
policyObjective job creation in the EU ⓘ
strengthening SME competitiveness in the internal market ⓘ
predecessorProgramme CIP SME Guarantee Facility ⓘ
provides counter-guarantees to financial intermediaries ⓘ
guarantees to financial intermediaries ⓘ
reduces financing risk for financial intermediaries ⓘ
relatedTo EU SME policy ⓘ
EU single market policy ⓘ
sector enterprise policy ⓘ
successorInstrument InvestEU guarantee for SMEs ⓘ
successorProgramme InvestEU SME window ⓘ
linked to: InvestEU
supports debt financing for SMEs ⓘ
existing SMEs seeking expansion finance ⓘ
investment loans for SMEs ⓘ
leasing transactions for SMEs ⓘ
start-ups ⓘ
working capital loans for SMEs ⓘ
targetBeneficiaries entrepreneurs ⓘ
small and medium-sized enterprises ⓘ
timePeriod 2014–2020 ⓘ
typeOfSupport indirect support via financial intermediaries ⓘ

How these facts were elicited

Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.

European Investment Fund → implements → COSME loan guarantee facility ⓘ