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More climate-friendly production of foods, clean fuels, and chemicals in Europe is set to advance thanks to the EU-Catalyst partnership, which includes the European Investment Bank, the European Commission, and Breakthrough Energy Catalyst.
Through InvestEU, the EIF has provided a subordinated loan to Instant Factoring, marking the first time a Romanian fintech and factoring company receives such funding, to strengthen its capital base and increase lending to underbanked businesses in Romania.
The European Commission, EIB, and EIF have established a €300 million export credit guarantee facility under InvestEU to support European SMEs exporting to Ukraine.