European Investment Fund and EIB Group Partner with VEHIS to Expand Access to Financing for Polish SMEs

Strategic Insights -

The European Investment Fund (EIF) and the European Investment Bank (EIB) Group have partnered with Polish car platform VEHIS to expand access to financing for small and medium-sized enterprises (SMEs) in Poland. The partnership aims to support financing of low-carbon road vehicles and women-led businesses, contributing to regional development and economic inclusion across Poland. VEHIS will originate a new portfolio of auto leases totaling PLN 2.6 billion, with at least 30% of the new car financing going to women-led businesses and at least 10% supporting climate action, including electric-vehicle leasing.

Key Takeaways:

  • The European Investment Fund (EIF) and the European Investment Bank (EIB) Group have partnered with Polish car platform VEHIS to expand access to financing for SMEs in Poland.
  • The partnership aims to support financing of low-carbon road vehicles and women-led businesses, contributing to regional development and economic inclusion across Poland.
  • VEHIS will originate a new portfolio of auto leases totaling PLN 2.6 billion, with at least 30% of the new car financing going to women-led businesses and at least 10% supporting climate action, including electric-vehicle leasing.
  • The operation will enable VEHIS to reach more entrepreneurs in underserved market segments and in areas where per capita income is below the European Union average.
  • The EIB will invest PLN 637 million (EUR150 million) in notes backed by auto leases originated by VEHIS, and the EIF will provide guarantees to a third-party, enabling it to purchase notes for an amount of similar size.
  • The operation will support gender equality and the green transition through targeted financing for women-led businesses and electric vehicles.
  • At least 30% of the new car financing by VEHIS will go to women-led businesses and at least 10% will support climate action, including electric-vehicle leasing.

Statistics:

  • The new portfolio of auto leases originated by VEHIS will total PLN 2.6 billion.
  • The EIB will invest PLN 637 million (EUR150 million) in notes backed by auto leases originated by VEHIS.
  • At least 30% of the new car financing by VEHIS will go to women-led businesses.
  • At least 10% of the new car financing by VEHIS will support climate action, including electric-vehicle leasing.
  • The operation aims to generate a new portfolio of SME and Mid-Cap leases.

Sources:

  • "Polish car platform VEHIS commits to originate PLN 2.6 billion of auto leases for the benefit of Polish SMEs." - European Investment Fund
  • "The European Investment Bank (EIB) Group is joining forces with Polish car platform VEHIS to expand access to financing for a range of businesses in Poland." - European Investment Bank (EIB) Group
  • "Marjut Falkstedt, Chief Executive of the EIF." - European Investment Fund
  • "Jan Bujak, CFO of VEHIS." - VEHIS
  • "Teresa Czerwinska, Vice-President of the EIB." - European Investment Bank (EIB) Group