Funds and public financing by region in Belgium
Wallonie Entreprendre and the invests in Wallonia, finance&invest.brussels in Brussels, PMV in Flanders: which public financier fits where your SME works.
Fonds d'Investissement
Blog 2026
Independent guides, comparisons and reviews from Fonds d'Investissement.
Blog
34 articlesFunds by region
Funds by region
Walloon invests: who funds SMEs in each province?
Noshaq, Sambrinvest, Namur Invest, Invest.BW, IMBC: area, tickets and instruments published by each Walloon invest, checked and dated province by province.
Equity or debt
Bank debt or equity for a growing SME
Bank debt or equity for a growing SME: cost, repayment, dilution, control. Three worked €3M financing packages and a verdict for each type of company.
Equity or debt
Bank refuses to fund your expansion: what to do
Bank turned down your SME's expansion loan? Find out the exact reason, then pick one of four exits: phasing, equity, subordinated loan, guarantee.
Equity or debt
Equity, debt, quasi-equity: choosing the instrument
Quasi-equity, bank debt or share capital: repayment rank, cost, dilution, and which Walloon and Brussels funds publish which instrument for SMEs.
Equity or debt
Subordinated loan: funding your SME without selling shares
Subordinated loans for SMEs: rank, fixed or variable return, how banks treat them, conversion. Who offers them in Wallonia and Brussels, at what ticket.
Raising & negotiating
A fund on your SME's cap table: what changes for you
A fund on your SME's cap table: board seat, reserved matters, reporting, exit horizon. What governance really costs the owner-manager, region by region.
Raising & negotiating
Anti-dilution clause and ratchet: who pays for a drop
Anti-dilution clauses, full ratchet or weighted average, performance ratchet: how they work, a worked example on an SME, and what to negotiate.
Raising & negotiating
Due diligence: what a fund checks before investing
Due diligence before an SME funding round or buyout: areas checked, Belgian documents to gather, data room, timing, cost and what makes a deal collapse.