Issue link: https://maltatoday.uberflip.com/i/734031
maltatoday, SUNDAY, 2 OCTOBER 2016 21 The Banking Arrangement is supported by the InnovFin SME Guarantee Facility, with the financial backing of the European Union under Horizon 2020 Financial Instruments and the European Fund for Strategic Investments (EFSI) set up under the Investment Plan for Europe. The purpose of EFSI is to help support financing and implementing productive investments in the European Union and to ensure increased access to financing. Approved and issued by APS Bank Ltd, APS Centre, Tower Street, B'Kara BKR 4012. APS Bank Ltd is authorised by the Malta Financial Services Authority to act as a licensed Credit Institution under the Banking Act 1994. Terms and Conditions apply. The InnovFin SME Guarantee is a scheme run by the EIF, through which SMEs from eligible business sectors can benefit from lower cost finance, on the basis of a 50% loan guarantee. Facilities range between €25,000 and €2.4 million. The scheme is locally managed by APS Bank. INNOVATE NOW 2122 6644 apsbank.com.mt The origins of the internet go back to ARPANET, developed in the 60s. Global interconnectivity now powers innovation everywhere in our lives. 18468 APS INNOVFIN MASTER ARTWORK.indd 5 29/09/2016 1:45 PM