Portfolio guarantee products

Six portfolio guarantee products under InvestEU to improve access to debt finance in specific policy areas

SME Competitiveness Portfolio Guarantee Product

Financing for SMEs which are perceived as higher risk or lacking collateral to improve the competitiveness of European enterprises. Including:

• To finance enterprises which would otherwise not be granted loans (such as start ups or other categories of SME that are typically excluded )
• To provide improved conditions e.g. increased maturities, reduced collateral
• To provide new types of financing e.g. subordinated loans
• To provide solvency & recapitalization support for  SMEs negatively affected by the COVID19 pandemic