For midsize corporates and institutionals

What is the InnovFin SME Guarantee

In 2015, the European Investment Fund (EIF) and ING Luxembourg signed, as the first bank in Luxembourg, an agreement to increase lending to innovative small and medium-sized enterprises (SMEs) as well as small Mid-caps under the InnovFin – EU finance for innovators program. 

The InnovFin program is a joint initiative launched by the European Investment Bank Group (EIB and EIF) and the European Commission (EC) under Horizon 2020, the EU framework for Research and Innovation (R&I). InnovFin – EU Finance for Innovators offers a range of tailored financing products and advisory services to companies of different sizes ranging from SMEs to large corporations and other entities. 
The InnovFin SME Guarantee Facility signed by ING Luxembourg is part of it! 

What type of companies can benefit from the InnovFin SME Guarantee Facility?

Research-based companies, innovative SMEs (<250 employees) and Small Mid-caps (<500 employees) established and operating in one or several EU Member States and Horizon 2020 Associated Countries.
ING Luxembourg offers this specific loan only to innovative companies established in Luxembourg. 
You can use the tool on the site of the EIB to see if your company is eligible.

Go to the simulator

Specificities of the InnovFin SME Guarantee Facility 

Type of loans: Investment loan, Overdraft facility, Leasing.
 Amount:From EUR 25k up to a limit of EUR 7.5 M.
 Type of assets financed: tangible or intangible assets, working capital or the transfer of activity.
 Duration of the loan: from 1 year to 10 years maximum.

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