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Dutch Alternative Credit Instrument

Theme

General

Date

15 July 2020

Investment

€ 50 million

Type of investment

Fund investment

Location

Luxembourg

Invest-NL and the Ministry of Economic Affairs and Climate Policy together with the European Investment Fund launched the Dutch Alternative Credit Instrument (DACI) on 15 July 2021. With an initial capital of € 200 million, DACI will provide funds to non-bank financiers, who in turn will serve the Dutch SMEs. DACI will invest in SME financing funds that mainly provide loans under € 2 million. In total, approximately 250 SMEs will be financed through this scheme.

EIF acts as the implementer and manager of the fund.