The COSME Guarantee
Who can benefit from COSME ?
Micro, small and medium-sized enterprises2 meeting certain eligibility criteria can benefit from COSME.
All the financial lease and hire purchase contracts, up to 150K€ are eligible. The funding period must, however, be greater than 12 months.
How to benefit from COSME ?
All funding requests submitted by our authorized partners are pre-qualified in our tools in order to determine if they qualify to COSME. When reviewed by our risk department, and if the eligibility criteria are met, the decision includes a “COSME conditional agreement”. The customer will simply have to sign an addendum to his contract (in a duplicate copy).
The benefits of COSME
Providing an effective support to the real economy, standing alongside the enterprises and supporting the business of our partners and their development : This is the mission that we have at heart and the commitment we make.
Thanks to this new tool, our SME customers benefit from an easier access to investment finance.
For details on COSME, please have a look at the EIF dedicated website.