UniCredit Leasing will get €300 million from the European
Investment Bank (EIB) to support small and medium-sized
enterprises.

The latest agreement signed between the EU long-term lending
institution and the Milan-headquartered lessor forms part of
the policy that the EIB is implementing, in cooperation with
banking groups, aimed at improving small businesses’ access to
credit.   

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The EIB said that through UniCredit Leasing’s lease financing
schemes, it will be possible to finance up to 100 percent of the
total value of projects, with a cap of €12.5 million per
project.

Further agreements to support SMEs in Austria, Germany, Poland
and elsewhere in Europe will be concluded shortly, the EIB
added.

Antonio Fabrizio

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