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The Group has developed a new financing solution for SMEs to conduct their strategic projects. This device combines a traditional medium-term bank loan (5 years), together with a long-term loan (between 7 and 10 years), provided by a fund.
The product of an integrated bank model
BNP Paribas Investment Partners, this fund comes under the ELTIF label and brings together European institutional investors, including the Group.
Product of the integrated BNP Paribas model, this solution combines the expertise of Retail Banking, close to the local economy, and the innovative capacity of BNP Paribas Investment Partners.
Adequate funding to SMEs and investors
“SME growth is vital for the economy and job creation in France. As an extension of our ‘BNP Paribas Entrepreneurs 2016’ plan, this new offering constitutes a financing solution which is highly suitable for long-term strategic projects, company transfers and/or to back SMEs’ ambitious growth plans” says Denis Laplane, Head of the Enterprise Department at the BNP Paribas Group’s French Retail Banking division.
this new offering constitutes a financing solution which is highly suitable for long-term strategic projects.
"This first-ever loan fund for SMEs provides institutional investors with a really innovative way to diversify their credit exposure. This new offering complements our already broad range of investment solutions based on the disintermediation of corporate financing” explains David Bouchoucha, Head of the Institutional Investors Section at BNP Paribas Investment Partners
This first-ever loan fund for SMEs provides institutional investors with a really innovative way to diversify their credit exposure.