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International expansion and business innovation are the twin themes of an agreement to provide €150 million to business customers of cooperative banks
The agreement is the first to be signed under the "2i per l' Impresa – Innovazione & Internazionalizzazione“ programme, which has been developed by CDP (National Promotion Institution under the Juncker Plan), Sace and EIF.
Thanks to this agreement, SMEs and Small/Mid-Cap companies will be able to turn to cooperative banks to request loans to help finance:
For businesses considered to be innovative, Sace will guarantee up to 80%, for a maximum of €7.5 million, for 96 months.