EFSE Loans Additional EUR 2 Million to BT Leasing to Expand Access to Financing for Moldovan Entrepreneurs

The European Fund for Southeast Europe (EFSE) has provided a top-up loan of EUR 2 million to its partner BT Leasing to expand financing opportunities for micro and small enterprises (MSEs) in Moldova. The investment particularly aims to bolster the ability of MSEs to continue operations in an environment made difficult by the COVID-19 crisis.

BT Leasing is Moldova’s foremost provider in the leasing sector. With a proven commitment to serving MSEs across the country, BT Leasing has been a strategic partner for EFSE since 2018, supporting the fund in its mission to promote economic development and employment generation by enhancing the ability of local businesses to access the financing they need to maintain and grow their operations. The strengthened collaboration will facilitate new long-term leasing contracts for MSEs, helping this important business segment to continue accessing needed financing during a time when entrepreneurs are especially hard-hit by the economic ramifications of the COVID-19 outbreak.