Banca Nazionale del Lavoro, of the BNP Paribas Group, and Eurofidi, an Italian Guarantee Provider, signed an agreement to support Italian Small and Medium Enterprises (SMEs).
The €100m plafond will allow SMEs headquartered in the regions of Lombardy, Marche and Abruzzo to finance their working capital needs.
The financing has a duration not exceeding 18 months.
The guarantee from Eurofidi is up to 60% and can activate the counterguarantee of the Government backed Central Guarantee Fund.
FinSMEs
12/09/2009