The EUR10 million loan aims to support the financing needs of micro, small, and medium-sized enterprises (MSMEs) in Romania., the company said in a press statement.

This is the seventh loan agreement that Garanti BBVA Leasing has concluded with EFSE in 10 years of partnership, for the financing of MSMEs, reaching a total financing amount of 74 million euros, contributing to investments in the local economy.

“We are proud to further enhance our collaboration with EFSE, through this new financing agreement, which reflects the mutual trust and strong partnership we have cultivated over the years. This funding underscores our shared dedication to supporting Romania’s economic growth, by empowering micro, small, and medium-sized enterprises (…),” said Okan Yurtsever, General Manager of Garanti BBVA Leasing.