I would also like to highlight that this borrowing regime is not based on the use of federal loan guarantees or the use of federal transfer payments as collateral.

This would be far more efficient and faster than creating a new borrowing mechanism for the purpose.

The 2019–2020 Programme may contribute to the debt and equity facilities developed under the Horizon 2020 Framework Programme, which will be widened to cover the objectives referred to in Article 3.

The 2019–2020 Programme may contribute to the debt and equity facilities developed under the Horizon 2020 Framework Programme, which will be widened to cover the objectives referred to in Article 3.

(a) The Debt facility providing debt finance for R&I: 'Union loan and guarantee service for research and innovation

Furthermore, compartments may have specific communications strategies within the overall promotional campaign for the Debt facility.

In addition, the Debt facility will help organisations, both public and private, to reduce the risks of undertaking the pre-commercial procurement or procurement of innovative products and services.

Provisions from the Debt facility may be combined, with the possible addition of grants (including lump sums), with provisions from the Equity facility in one or more integrated schemes.

The SME window of the Debt facility shall also cover loans below EUR 150 000 for R&I-driven SMEs and small mid-caps.

In addition, the Debt facility will help organisations, both public and private, to reduce the risks of undertaking the pre-commercial procurement or procurement of innovative products and services.

As well as providing loans and guarantees on a market-driven, first-come, first-served basis, the Debt facility will target, under a series of compartments, particular policies and sectors.

Above that threshold, it shall be the responsibility of the financial intermediaries to demonstrate whether the SME is eligible or not under the SME window in the Debt Facility of the Horizon 2020 programme.

Above that threshold, it shall be the responsibility of the financial intermediaries to demonstrate whether the SME is eligible or not under the SME window in the Debt Facility of the Horizon 2020 programme.

In terms of Union added value, the Debt facility will help remedy market deficiencies that prevent the private sector from investing in R&I at an optimum level.

In terms of Union added value, the Debt facility will help remedy market deficiencies that prevent the private sector from investing in RI at an optimum level.