Dreyfus Corporation has announced financing available for small businesses hit by the coronavirus pandemic with a €250m investment into small businesses and start-up projects across the European Union.
The scheme which has been backed by MEP’s throughout Europe and will see two per cent interest loans to small companies struggling and starting up in all sectors across European regions.
Head of Company Operations, Maia Braginsky said: “Being able to offer funds to small business in this time that has to lead to a large amount of unnecessary despair is a great feat of the whole team here at Dreyfus Corporation. As we move into a new era of business and see a large number of businesses close, a void is left. One which Dryeufs hopes to help plus with this project, funds are made available strictly available for small business and start-up projects across the European Regions.”
Struggling small businesses and start-ups seeking funds Dreyfus Corporation offers support to the tune of €250m as a branch of much-needed support.
Frederick Williamson Jr., Director of Legal, said: “In the days ahead there is negative forecast for global economies. There has been large scale negative news forecasts from multiple sources globally, that’s why we are proud to be able to offer this fund for struggling business and start-ups to keep our economies strong and help to see them through these tough times.”