Tailored Facility for SMEs

    The PURPOSE of this Tailored facility is to assist SMEs, including start-ups, by enhancing their access to finance. The facility is designed to address the following major barriers to lending:
  • Insufficient value or type of collateral;
  • Innovative business ventures, economic sectors or technologies which fall outside the risk appetite and tolerance of commercial banks;
  • Other factors for which commercial banks may not be willing or able to provide the required financing in whole or part.
    The STRUCTURE of the facility is as follows:
  • The required loan is co-financed by the commercial bank and the MDB in such portions as may be agreed between the parties.
  • The size of the loan ranges from a minimum of €750,000 to a maximum of €5 million.
  • On a case-by-case basis, the MDB may offer a guarantee on part of the commercial bank’s share of the loan. 

The facility is available through commercial banks, acting as implementing partners of the MDB. The incentive guidelines of the Tailored Facility are available here.

Facilities granted under the Tailored Facility for SMEs:

MDB Electric Car Sharing Facility - The incentive guidelines of this facility are available here.