Specifically, the Bank decided to establish a new line of credit for equity investments and asset-backed lending (ABL) aimed at encouraging smooth financing of firms that lack sufficient collateral or equity investment, and/or who so far have received very little financing from the existing fund-provisioning measure.
In introducing this measure, the Bank decided to set long loan periods to make them easier for financial institutions to administer, and to lower the minimum amount per investment or loan to meet even small requests and sow the seeds for growth in even the smallest “nooks and crannies.” B.