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Austrian UniCredit Leasing signed InnovFin guarantee agreement to improve funding in the Baltics

30. January 2017

UniCredit Leasing and the European Investment Fund have signed the InnovFin agreement to improve funding options for small and medium businesses in Latvia, Lithuania and Estonia.

This agreement was signed as part of the European Strategic Investments Fund (EIF) and EU Investment Plan. It is expected that a lease guarantee portfolio with EUR 18 million will be created to provide assistance to businesses in the Baltics. EIF guarantees will allow UniCredit Leasing to provide funding to innovative Baltic companies in need of investments.

UniCredit Leasing’s powerful presence in the Baltic region will allow the company to offer financial solutions in Latvia, Lithuania and Estonia. The Austrian company UniCredit Leasing is active in the Latvian leasing market since 1998 and is a part of the financial group UniCredit. It is one of the leading market players in the country with a long-term experience in the area of leasing.

Source bbn-news.com  and Unicredit Leasing

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