Translation of "financement participatif par prêt " (French → English) :

Crowdfunding provides an alternative to unsecured bank lending, such as bank overdrafts or credit card loans, which are currently the main sources of external finance for SMEs.

32. Stresses the need to improve access to capital markets through new sources of funding such as initial public offerings, crowd funding, peer-to-peer lending and (covered) bonds or through new market segments; calls on the EU to take stock of, and build on, successful national initiatives in order to identify and remove obstacles to initial public offerings; supports the introduction of the SME growth markets classification under the Markets in Financial Instruments Directive; calls on the Commission to support their development through the review of the Prospectus Directive; also calls on the Commission to consider a cross-directo ...[+++]rate approach with a view to exploring how public markets for SMEs can be enhanced and how the Financial Services Action Plan Directives can diversify the pool of investors;

32. Stresses the need to improve access to capital markets through new sources of funding such as initial public offerings, crowd funding, peer-to-peer lending and (covered) bonds or through new market segments; calls on the EU to take stock of, and build on, successful national initiatives in order to identify and remove obstacles to initial public offerings; supports the introduction of the SME growth markets classification under the Markets in Financial Instruments Directive; calls on the Commission to support their development through the review of the Prospectus Directive; also calls on the Commission to consider a cross-directo ...[+++]rate approach with a view to exploring how public markets for SMEs can be enhanced and how the Financial Services Action Plan Directives can diversify the pool of investors;

17. Calls on the Commission to investigate how crowd-funding, equity-based crowd-funding and peer-to-peer lending could be further leveraged to help micro-enterprises and SMEs, including in the cultural sector and non-profit industries, and to develop a robust regulatory framework on crowd-funding;

90. Believes that it is important to foster new innovative funding models for SMEs, especially with high growth potential; points to the flourishing of crowd-funding initiatives and e-platforms for loans in Europe and to the financial and non-financial benefits that this funding brings for SMEs and entrepreneurs such as the provision of start-up funding, product validation, customer feedback, and a stable and committed shareholding structure; calls on the Commission to issue a communication on crowd funding; calls on the Commission to develop an effective regulatory framework for crowd funding on a basis of up to EUR 1 million per pro ...[+++]ject which also addresses the issues regarding investor protection; calls on the Commission to consider making limited funds available to crowd-funding services, as has already been done by certain Member States;

31. Welcomes the Commission’s efforts to help Member States improve their fiscal and administrative arrangements for business transfers; sees a need to improve the taxation approach to innovative forms of financing, such as group financing, venture capital financing or business angel financing; invites Member States to increase their support for business transfers through financial instruments at national level by means of loan guarantees, as well as other forms of financing such as group financing or business angel financing, and welcomes the Commission’s emphasis on crowdfunding platforms; believes that business transfers should als ...[+++]o be facilitated through appropriate training initiatives on management skills, such as in cases where businesses are transferred to employees;