Medium and long-term loans for enterprise

Mortgages guaranteed by the Guarantee Fund

Obtain the financial resources to develop your company: simple, just a few clicks!

Applying for and obtaining the Guaranteed Mortgage from the Guarantee Fund is now possible through traditional channels, and through a specific platform: send the application, follow approval, receive the loan all online.

We support the financial needs of your company resulting from the need for working capital, we sustain your production investments and growth projects. You can manage your folder autonomously in an entirely digital mode, using our support if you need it.

Thanks to our accreditation with the Guarantee Fund we offer solutions that can adapt to the specific needs of each sector and company type.

Are you looking for a tailored solution or do you want to know whether your company can be financed?

Our loans are for  small and medium-sized companies (SMEs), in particular:

  • Stock companies invoicing minimum €500,000;
  • Partnerships invoicing minimum €1,500,000;

with registered office in Italy and operating in the main production sectors.

Medical, manufacturing, agro-food, chemical-pharmaceutical, extraction, logistic or commercial: whatever your sector, our team of experts is available to analyse the specific financial needs of your company and find the solution that best responds to your growth and competition goals.

Excluding sectors not permitted by the Guarantee Fund (e.g. financial and insurance services, public administrations).

Today our loans for businesses are even more accessible. Thanks to the measures introduced by the Government, we have further expanded the types of company that can benefit from the Guarantee Fund and have simplified the procedures to access loans thanks to a completely digital Guarantee Fund Guaranteed Mortgage application and decision platform.

The Guarantee Fund intervention, applicable to any typ of loan connected to company activities, foresees a public guarantee being issued:

  • Equal to 80% of the loan amount for loans lasting maximum 96 months;
  • For a maximum amount of 5 million Euro per single company.

Solutions for businesses that can be financed by the Guarantee Fund

Loans for investment projects

Facilitated loans for company growth and for your investment projects.

We accompany you in your company growth investments to increase the capacity and production efficiency, to develop new products and expand the customer portfolio like:

  • Construction, expansion, restructuring, modernisation of the company’s physical structures;
  • Purchase of plants and/or machinery;
  • Execution of research and technological innovation programs;
  • Development of trademarks, patents, licences.

Duration: up to 8 years, possibly foreseeing a grace period of up to 24 months, consistent with the financial flows of your investment project.

Amounts: starting from 50 thousand Euro, to be established based on the investment project, subordinate to the Bank’s appraisal and to the maximum amount guaranteed by the Guarantee Fund.

Company loans for liquidity needs

We provide you with the liquidity needed to pay employees and suppliers, to purchase stock and materials or to rebalance financial sources. This product is designed to support the financial requirements resulting from working capital needs connected to company activities.

Duration: up to 6 years, with a possible grace period, consistent with the financial flows of your company.

Amounts: starting from 50 thousand Euro, to be established based on the company’s liquidity needs, subordinate to the Bank’s appraisal and to the maximum amount guaranteed by the Guarantee Fund.

Mortgages Guaranteed by Garanzia Italia

Supporting businesses and helping them find the liquidity necessary to deal with the Covid-19 emergency is the main objective of the Mortgages Guaranteed by Garanzia Italia.

As part of the provisions introduced by the Liquidity Decree, Garanzia Italia is a tool that allows SACE to issue guarantees in favour of banks and financial institutions for loans to support the continuity of economic and business activities.

The guarantee must be granted by 31 December 2021, unless the deadline is extended.

This financial solution is intended for companies affected by the Covid-19 emergency, based in Italy, which can apply for a loan to support:

  • Working capital;
  • Staff costs;
  • Lease or rental fees for a business unit;
  • Investments (excluding acquisitions of shareholdings).

It is also possible to renegotiate an existing loan, obtaining additional liquidity and extending its duration or reducing its cost.

From 1 July 2021, an extension can be requested for a duration of up to maximum 8 years on a pre-existing loan guaranteed with Garanzia Italia lasting no longer than 6 years, or the existing loan can be replaced by a new guaranteed one with a duration of up to 8 years.

The coverage percentage of Garanzia Italia varies between 70% and 90% of the amount of the loan depending on the number of employees and the volume of turnover of the company.

The amount of the guaranteed loan cannot exceed the greater of the following values:

  • 25% of the company’s annual turnover in Italy for 2019
  • double the company’s staff costs in Italy for 2019

to be considered on a consolidated basis if the company belongs to a Group and net of the residual amount of any loans backed by Garanzia Italia obtained by the company and other group companies and any loans backed by another public guarantee (e.g. Guarantee Fund) obtained by the company.

The duration of the loans to the company cannot exceed 6 years, with the possibility for companies to make use of a grace period of up to 36 months.

Garanzia Italia is for valuable consideration*, with the payment of advance annual commissions, calculated on the residual guaranteed amount at the end of each calendar quarter, to a reduced extent for SMEs.

Starting from March 1, 2021, SACE is also authorised to issue free guarantees exclusively in favour of Mid Cap (companies other than SMEs with a number of employees not exceeding 499) with the same methods provided for by the Central Guarantee Fund, with a guarantee of 80% and for a maximum amount guaranteed of 5 million euros, taking into account the residual guaranteed amount of any loans backed by the guarantee of the Central Fund.

(*) Guarantee fees for loans lasting up to 6 years. For SMEs: 25 basis points for the first year, 50 basis points for the second and third year, 100 basis points for the last 3 years; for other companies (Mid Cap and large companies): 50 basis points for the first year, 100 basis points for the second and third year, 200 basis points for the last 3 years.

Guarantee fees for loans lasting longer than 6 years and up to 8 years. For SMEs: 75 basis points for the first year, 100 basis points for the second and third years, 150 basis points for the sixth year; 250 basis points for the seventh and eighth years; for other companies (Mid Cap and large companies): 100 basis points for the first year, 150 basis points for the second and third years, 250 basis points for the sixth year; 350 basis points for the seventh and eighth years.

 

 

Advertising message for promotional purposes. For the contractual and economic conditions of the Mortgages backed by the SACE Guarantee, please refer to the information sheets available in the Transparency section of the website www.bancaifis.it.

Special-rate mortgages by Regional Agreements

We are committed to helping our local customers on a daily basis. This is why we provide mortgages supported by national guarantees with loans facilitated by regional initiatives.

Currently, companies based in Puglia and Veneto can take advantage of the Puglia Sviluppo and Veneto Sviluppo subsidised mortgages by contacting their local branch to request the details.

Advertising message for promotional purposes. For the contractual and economic conditions of the Mortgages Guaranteed by Puglia Sviluppo and Fondo Veneto Sviluppo, please refer to the information sheets available in the Transparency section of the website www.bancaifis.it.

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Additional products

Creditor Protection Insurance

This is a comprehensive policy option for protecting your loan repayments. Under the CPI policy, you ensure business continuity, while extinguishing the debt without affecting the economic resources of your business.

Promotional message, as well as placement of insurance contracts. Before subscribing, please read the key information set on: www.metlife.it, which may also be obtained from the distribution network. Policy underwritten by MetLife Europe d.a.c. – General Agent for Italy, distributed by Banca Ifis S.p.A.

Advertising message for promotion purposes only. For Guarantee Fund State-backed Loan contractual terms and conditions, please consult the key information sheet available at branches and in the Transparency section of the website www.bancaifis.it.