Signature(s)
Summary sheet
- Credit lines - Credit lines
The project consists of a loan financing SMEs and midcaps in the industry, services, tourism and agriculture sectors via long-term leasing schemes. Part (min 10%) will be dedicated to Climate Action projects carried out by SMEs and Midcaps.
This project will improve competitiveness and access to finance at favourable conditions for the final beneficiaries. This operation will also contribute to mitigate the coronavirus Covid-19 effects as a large portion of the new SME portfolio (estimated around 50%) will be originated in the severely affected regions: Lombardy, Veneto and Emilia Romagna.
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
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