Home Methods Methods and terms of release defined for the loans guaranteed by SACE

Methods and terms of release defined for the loans guaranteed by SACE

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The SACE-ABI task force has announced the start of the “Italian Guarantee” operation

Part “ Italian Guarantee “, the new extraordinary tool to support, through the SACE guarantee and the State counter-guarantee, the granting of loans to economic and business activities damaged by the emergency from COVID – 19, as required by the DL 23 / 2020.With a press release released yesterday evening, SACE and the Italian Banking Association have announced that they have jointly defined the operating methods and the terms of release .
L ' art. 1 of the DL 23 / 2020 in fact attributes to SACE spa the possibility of granting up to 31 December 2020 guarantees in favor of banks, national and international financial institutions and other entities authorized to exercise credit in Italy, against loans granted by them in any form to companies based in Italy, up to a maximum total amount of 200 billion , of which at least 30 billion are intended to support SMEs, including self-employed workers and self-employed VAT holders, who have fully utilized their ability to access the Central Guarantee Fund for SMEs.  » Read More

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