27/10/2015 · The COSME Loan Guarantee Facility (LGF) is a window of the Single EU Debt Financial Instrument which supports European enterprises' growth and research and innovation (R&I). LGF is part of COSME (Programme for the Competitiveness of Enterprises and Small and Medium-sized Enterprises), an initiative launched by the European Commission and managed by purpose: a) investments in tangible or intangible fixed assets b) working capital Minimum amount: €10,000 Maximum loan amount: €150,000 Note that if the SME is not compatible with the eligibility criteria of the Innovfin program, which is intended for innovative businesses (as per a respective declaration provided by the bank branch of the SME), the loan amount may be up to the COSME – new elements Debt instrument for EU enterprises’ growth and RDI Loan Guarantee Facility (COSME) for SMEs SMEs & Small Midcaps Guarantee Facility for R&I (Horizon 2020) COSME will cover loans (financial transactions) < € 150,000 to all types of SMEs Possible pooling of …The Loan Guarantee Facility (LGF) Part of the COSME budget will fund guarantees and counter-guarantees for financial intermediaries ( guarantee organisations, banks, leasing companies) to help them provide more loan and lease finance to SMEs. This facility will also include the securitisation of SME debt-finance financing of SMEs within the context of the program is possible thanks to the Guarantee provided by the EIF in the frame of the COSME program, which was launched by virtue of Regulation (EU) No 1287/2013 of the European Parliament and Council, of 11 December 2013, for the purposes of establishing a program for the competitiveness of businesses and SMEs (COSME) (2014-2020), and it …COSME - Loan Guarantee Facility (LGF) - EIFCOSME - Loan Guarantee Facility (LGF) - EIFCOSME financial instruments | Internal Market, Industry COSME - Loan Guarantee Facility (LGF) - EIFCOSME Loan Guarantee Facility DISCLAIMER This document provides some information on the terms of the COSME Loan Guarantee Facility and its related documentation. This document is not, and should not be construed as, a binding document. It does not provide a detailed description of any party’s rights andPart of the COSME budget will fund guarantees and counter-guarantees for financial intermediaries ( guarantee organisations, banks, leasing companies) to help them provide more loan and lease finance to facility will also include the securitisation of SME debt-finance portfolios. By sharing the risk, the COSME guarantees will allow financial intermediaries to expand the range of
