The European Investment Bank and Rabobank are collaborating to introduce an impact loan to encourage small and medium-sized Dutch business owners to make sustainable investments.<\/p>\n
The first tranche will make an additional \u20ac50 million (US$53 million) available for loans with a positive social impact. Business owners who demonstrably display corporate social responsibility and wish to make new sustainable investments can apply for an impact loan with an interest discount of up to 1.2% for new loans.<\/p>\n
\u201cThe investments of the EIB are a tangible and effective contribution to the Dutch economy. It is in the interest of future generations that these investments are sustainable ones. Thanks to this impact loan, extra funds are made available for Dutch entrepreneurs and it\u2019s now up to them to use them to their advantage, as well as to the advantage of man, environment and society,\u201d said EIB Vice President Pim van Ballekom. \u201cThis is the first time that channels its support in the Netherlands specifically towards stimulating sustainable development in SMEs and mid-caps. In case the initiative is successful, we will definitely consider renewing it.\u201d<\/p>\n
\u201cA company that invests sustainably invests in more than only its own future. It also contributes to a world we can all live in, and that benefits people and the environment,\u201d said Paul Dirken, Director of Businesses at Rabobank. \u2018With this impact loan, which is a loan at a significant discount, we are the first major Dutch bank to financially reward our business clients for sustainable behaviour.<\/p>\n
\u201cTogether with the EIB, we are applying our knowledge and experience to make it even more attractive for Dutch SME and midcap business operators to invest in sustainability. Currently, just over 5% of our business clients are pioneers with respect to sustainability. We expect the impact loan to lead more SME and midcap company owners to make the move to sustainable development with good and sustainable plans.\u201d<\/p>\n
Applications for an impact loan will have to meet the normal conditions of the EIB and Rabobank. Businesses with up to 3,000 employees are eligible to apply. The loan is available to SME and midcap companies, as long as they wish to invest in sustainability and hold one of the 37 selected quality marks. The total investment may not exceed \u20ac25 million, while the maximum amount to be borrowed is \u20ac2.5 million.<\/p>\n
The quality marks are selected on the basis of how businesses are monitored to ensure they meet and comply with the quality mark requirements. The selected quality marks set requirements that go further than the statutory requirements with respect to sustainability, in areas such as environmental impact, fair trade and animal welfare.<\/p>\n","protected":false},"excerpt":{"rendered":"
The European Investment Bank and Rabobank are collaborating to introduce an impact loan to encourage small and medium-sized Dutch business owners to make sustainable investments.
\nThe first tranche will make an additional \u20ac50 million (US$53 million) available for loans with a positive social impact. Business owners who demonstrably display corporate social responsibility and wish to make new sustainable investments can apply for an impact loan.<\/p>\n","protected":false},"author":2,"featured_media":576,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[683,684,687,677,685,10],"tags":[],"class_list":["post-5356","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals-finance","category-efficiency","category-europemiddle-eastafrica","category-head-lines","category-policy-education","category-technology"],"yoast_head":"\n