Loan marketplace Lendix welcomes new €200 million institutional financing for European SMEs

The European Investment Bank Group (EIB) via the European Investment Fund (EIF), CNP Assurances, Eiffel IM, Groupama, Zencap AM, Matmut and Decaux Frères Investissements are among the first investors involved in this new loan programme for SMEs.

120m are already committed and the first loans will be made in February.

This new vehicle takes over from a €90 million pocket, closed in July 2017, which has lent to nearly 250 European SMEs.

Many current investors have continued their relationship with the platform, in particular the EIB Group through the European Investment Fund (EIF) – which has already committed €18.5 million last year, is renewing its commitment, in line with the increased fund size.

“This new commitment by leading institutional investors will increase Lendix’s capacity to support the growth of more than 600 small and medium-sized companies” said Olivier Goy, founder of Lendix.

“We are particularly proud of having the support of Spanish and Italian investors, for the first time. This strengthens our European positioning” added Patrick de Nonneville, COO of Lendix.

“Our contribution to the fund reflects our strong commitment to French and European SMEs”, said Pier Luigi Gilibert, Managing Director of the European Investment Fund. “Our objective is to support the development of companies while facilitating their access to new and attractive financing methods. Through its action, Lendix perfectly meets the EIF’s mission to finance and assist European SMEs in their development strategies”.

Thanks to these new commitments, Lendix aims to finance European SMEs with loans ranging from €30,000 to €5 million.