Coronavirus extraordinary measures for Confartigianato businesses

To protect micro, small and medium-sized artisan businesses and lay the foundations for recovery from the Coronavirus emergency, Intesa Sanpaolo and Confartigianato Imprese have activated a series of extraordinary measures at national level with the aim of encouraging growth also through a path that facilitate the processes of innovation, sustainability and enhancement of human capital.

This agreement is confirmation of the strong collaborative relationship that Intesa Sanpaolo and Confartigianato Imprese have consolidated over the years through the signing of numerous territorial agreements in favor of associated companies, aimed at growth, strengthening competitiveness and improving access to credit.

Companies associated with Confartigianato Imprese will be able to access the following extraordinary measures:

  • plafond of new loans for companies throughout the national territory to support the management of working capital, expressed through additional credit lines compared to pre-existing ones, in the 18 month -1 day formula, with six months of pre-amortization;
  • liquidity ceiling for Intesa Sanpaolo customers, thanks to credit lines already approved in their favor and now made available for broad and flexible purposes, such as the management of urgent payments;
  • plafond of financing for liquidity and investments through medium-long term solutions, with a duration of up to 72 months and with a pre-amortization of up to 36 months;
  • the suspension for 3 months of the installments of existing medium/long-term loans, for the principal amount only or for the entire instalment, renewable for 3/6 months depending on the duration of the emergency. The suspension of financing is also extended to families throughout the national territory.
 
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