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The chain of risk sharing in lending to small businesses (SMEs)

EU LEVEL

Europe

The European Commission

The European Commission uses European Union funds to set up CIP, a programme supporting SMEs.

The EC acts as the starting point in the chain of risk sharing in SME lending.

The European Commission entrusts CIP funds to the European Investment Fund.

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EIF

European Investment Fund

European Investment Fund is the first link in a risk-sharing chain. It shares some of the risk of SME loans with financial institutions that have become CIP Financial Intermediaries.
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NATIONAL OR LOCAL LEVEL
Risk-sharing chain of financial institutions

A CIP FINANCIAL INTERMEDIARY  MAY LEND DIRECTLY TO SMES

Financial Intermediary
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SMEs
SMEs
SMEs
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Banks in your country are the final link in the risk-sharing chain. Thanks to the EC’s programme CIP, partner banks are more inclined to lend money to SMEs.

SMEs can develop and grow, by receiving finance supported by the European Union.

Look for a source of EU-backed loan finance in the Luxembourg  click here.

Read more about how it works - click here. 

A CIP FINANCIAL INTERMEDIARY MAY GUARANTEE LOANS TO SMES THROUGH COOPERATION with other financial institutions involved in the risk-sharing chain.

Financial Intermediary
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SME lending institution
SME lending institution
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SMEs
SMEs
SMEs