Are approximately 3 million euros assigned to credit consortia and guarantee cooperatives, which will finance the investments of SMEs and professionals in Emilia-Romagna.
The resources allocated by the Region will be used for reduce the cost of money to those who intend to activate financing for productive investments, technological innovation and digitalisation, and for the use of renewable sources and energy efficiency.
The provision, approved by the regional council on the proposal of the economic development department, represents an anti-cyclical measure since, as also noted by the Bank of Italy in the economic bulletin of April 2024, the interest rates on new loans to businesses are still at levels significantly higher than the average of the last decade and there has been a contraction in credit to businesses.
The resources are intended for businesses and professionals of the region of all productive sectors, except agriculture which has its own financing lines.
The loans will be granted a reduction of 4% of the APR, calculated on a maximum of 100 thousand euros and with 60 months of amortization, for a discounted and anticipated contribution not exceeding 8 thousand euros.
SMEs and professionals can apply to access the relief by contacting the main credit consortia operating in the region.
The Region’s measure comes after the activation of the Multipurpose Fundwhich finances green investments and new businesses at a subsidized rate, the guarantee fund Basketball bondswhich guarantees bond portfolios issued by SMEs also for green investments, as well as the fund Special-ER.
