Factsheets on ERDF financial instruments
ERDF loan financial instruments
This factsheet aims to present key features of loan financial instruments, together with industry best practice, to support managing authorities and other fi-compass stakeholders seeking to implement loan financial instruments in the future. In addition, relevant fi-compass resources will be highlighted for users to access to find further information on the topics featured in this factsheet.
Financial instruments for a younger and modern agricultural sector
Discover the stories of several SMEs in Spain who achieved their dreams with the help of the EAFRD guarantee. This financial instrument provided them with quick and easy access to flexible financing, enabling them to cover a wide range of assets, from improving water consumption to updating machinery. With this support, these businesses were able to thrive and grow, showcasing the impact of strategic investment in their success and the subsequent advantages for the local regions.
Growth & Sustainability Loan Scheme in Ireland
The Growth & Sustainability Loan Scheme (GSLS) features a national counter-guarantee facility launched in 2022 by the Government of Ireland targeting SMEs, Small Mid-Caps, farmers, and fishers with the objective to bridge the gap in longer-term, affordable finance that many enterprises face in Ireland. The European Investment Fund has been entrusted as the body implementing the financial instrument, which provides a counter-guarantee to the Strategic Banking Corporation of Ireland (SBCI) – the national promotional bank of Ireland acting as financial intermediary.

