Resumen de ELTIF model brings new approach to lending in France.
The article reports that France's banking monopoly rules have been further relaxed after the authorization of a crowdlending platform to launch a European long-term investment fund (ELTIF). The platform Lendix is the third entity to be given a green light in France under the ELTIF scheme after it was approved by the Autorité des Marchés Financiers (AMF). Lendix's fund will provide loans to small and mid-sized companies that are under the radar of all existing debt funds.
