The agreement is a clear stamp of quality on the fund's analysis work as well as its routines and policies for lending, says Fredrik Sj\u00f6strand, who is responsible for the fund's management and credit analysis.<\/p>\n
Scandinavian Credit Fund I (SCFI) has signed an agreement with the European Investment Fund (EIF) regarding a credit guarantee program for small and medium-sized enterprises (SMEs). The guarantee framework for the agreement amounts to SEK 3 billion and aims to support Nordic SMEs
\ncompanies (SMEs).<\/p>\n
The agreement enables Scandinavian Credit Fund I to be able to offer improved conditions for its borrowers. The investment team that manages Scandinavian Credit Fund I is an integral part of Finserve Nordic AB. Finserve Nordic AB offers a number of alternative funds as well as equity funds and the offer is aimed at both the retail and the Institutional segment.<\/p>\n
Fredrik Sj\u00f6strand, the fund's responsible manager, says in a comment - "We in the Investment team <\/em>who manage Scandinavian Credit Fund I are proud to be included in European <\/em>The Investment Fund's (EIF's) guarantee program. The program means that our rigorous <\/em>analysis work, combined with strict policies and instructions, has undergone a lot <\/em>extensive Due Diligence process and been approved by the EIF. We can now with the warranty program <\/em>choose to have new credits covered by the EIF guarantee of 70% of the loan amount, in return <\/em>borrowers receive a slightly lower interest rate than would otherwise be the case<\/em>".<\/p>\n European Investment Fund Chief Executive Alain Godard adds in a comment: \u201cThe European Guarantee Fund enables the EIF to do what it does best, to offer financing <\/em>to European SMEs. Just like in other countries, Nordic companies have been forced to <\/em>deal with the restrictions associated with the COVID pandemic and EIF places great value on <\/em>the collaboration with Finserve to be able to reach out to these companies<\/em>".<\/p>","protected":false},"excerpt":{"rendered":" Avtalet \u00e4r en tydlig kvalitetsst\u00e4mpel p\u00e5 fondens analysarbete samt dess rutiner och policys f\u00f6r utl\u00e5ning s\u00e4ger Fredrik Sj\u00f6strand som ansvarar f\u00f6r fondens f\u00f6rvaltning och kreditanalys. Scandinavian Credit Fund I (SCFI) har tecknat ett avtal med Europeiska Investeringsfonden (EIF) avseende ett kreditgarantiprogram f\u00f6r sm\u00e5- och medelstora f\u00f6retag (SMEs). Garantiramen f\u00f6r avtalet uppg\u00e5r till 3 miljarder SEK […]<\/p>\n","protected":false},"author":8,"featured_media":1912,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"view_count":"902","footnotes":""},"categories":[19],"tags":[],"class_list":["post-1959","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-nyheter"],"_links":{"self":[{"href":"https:\/\/finserve.se\/en\/wp-json\/wp\/v2\/posts\/1959","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/finserve.se\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/finserve.se\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/finserve.se\/en\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/finserve.se\/en\/wp-json\/wp\/v2\/comments?post=1959"}],"version-history":[{"count":0,"href":"https:\/\/finserve.se\/en\/wp-json\/wp\/v2\/posts\/1959\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/finserve.se\/en\/wp-json\/wp\/v2\/media\/1912"}],"wp:attachment":[{"href":"https:\/\/finserve.se\/en\/wp-json\/wp\/v2\/media?parent=1959"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/finserve.se\/en\/wp-json\/wp\/v2\/categories?post=1959"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/finserve.se\/en\/wp-json\/wp\/v2\/tags?post=1959"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}