Deutsche Leasing Sverige AB
| Date: | 4.10.2016 |
|---|---|
| Country: | Sweden |
| Customer: | Deutsche Leasing Sverige AB |
| Amount in EUR: | EUR 20.2 million |
| Maturity: | 5 years |
| Business sector: | Financial Institutions |
Project
The loan programme has been provided for onlending to SMEs and small mid-caps in NIB’s member countries. Deutsche Leasing Sverige was established in 2006. It provides leasing services in Sweden as well as in Denmark, Finland and Norway. SMEs account for 80% of the company’s customers and mid-caps for 20%.
Fulfilment of NIB's mandate
Leasing finance provides opportunities for SMEs and small mid-caps to acquire costly equipment. The loan programme is expected to alleviate credit constraints and facilitate productivity growth. Access to finance in the SME sector is of greater concern than to large enterprises, mainly because SMEs and small mid-caps are dependent on bank financing. Improved access to financing for projects that raise productivity can increase competitive pressure and efficiency in the markets.
Sustainability summary
Projects to be financed through a financial intermediary must fulfil the sustainability requirements defined in NIB’s Sustainability Policy and Guidelines.
