VR Leasing to work with EIB on SME discount

German lessor VR Leasing is to offer its SME
customers a discount through parent bank DZ Bank, in collaboration
with the European Investment Bank (EIB).

Customers with 250 employees or fewer will be
offered a 25-basis point reduction on lease agreements worth
between €125,000 and €12.5 million, lasting between 48 and 60
months, on items such as machinery and medical equipment.

The discount will be in place until 31 October
thanks to a €50 million fund, supplied by EIB and made available to
customers via DZ Bank.

VR Leasing CEO Reinhard Gödel said:
“Liquidity for many companies is still
critical.

“What are we going to put together is a small
stimulus package.”

Claire Hack

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