Financing the real economy, Societe Generale Equipment Finance supports the development of SMEs.
Thanks to its presence in 35 countries, Societe Generale Equipment Finance supports more than 140,000 Small and Medium Entreprises across Europe for their investments, either for the replacement of their equipment and assets or for their development.
In the frame of its activities, Societe Generale Equipment Finance enables European SMEs to get funding at special conditions thanks to programs signed with International Financing Institutions (ECB, EBRD, EIB…), special financing programs were also developed in the Agriculture sector enabling SMEs to access local government or European subsidies.
Also in 2012, Societe Generale Equipment Finance entered the German deposit market creating an innovative online bank* working under the brand « GEFA Bank ». Funds collected from customers by GEFA BANK are used to finance German SMEs, respecting with them the commitment made through the motto « Interests made in Germany ».
Societe Generale Equipment Finance is also present in the financing of the medical sector (Medical imaging, Scanner…) thanks to its joint venture with Philips Medical Capital.
This strong commitment towards SMEs was recognised in 2013, for the second consecutive year, with Leasing Life’s “SME Champion Champion of the Year” award. Moreover SGEF’s British entity received in 2013 Leasing World’s « International Lessor of the Year » award for its constant financing role of the real economy.