Lombard companies will again be able to take advantage of the measure ‘Credit Now Evolution’ whose financial endowment has been increased by 175,843,393 euros. A decision taken by the Lombard council on the proposal of the councilor for economic development and which will be operational from tomorrow, Thursday 15 September, from 10.30.
In detail, € 15,843,393 are allocated to increase the fund ‘Reduction of interest on loans to SMEs co-financed by the EIB‘for the reduction of the cost of financing, while the remainder 160,000,000 to the extension of the ceiling dedicated to loans.
ANSWER TO COMPANY NEEDS – “We refinance and give continuity to ‘Credito Ora Evolution’ – said the regional councilor for economic development – responding once again to the liquidity needs of Lombard companies and professionals”.
THE MEASURE – ‘Credito Ora Evolution’ finances the working capital needs of companies, professionals and associates in Lombardy with the granting of loans combined with interest rate grants.
RECIPIENTS – Enterprises, including artisans, with up to 3,000 employees (SMEs and Mid Cap) operating for at least 24 months in Lombardy and belonging to one of the following sectors: manufacturing, business services, construction, wholesale and retail trade, accommodation , catering and administration, sports and recreational courses, nursery and day care services for disabled minors, sports, entertainment and amusement activities and spas. As well as freelancers with a VAT number for at least 24 months who have been operating in one of the municipalities of Lombardy and associated firms of professionals with a VAT number for at least 24 months..
GRANT OF CONTRIBUTIONS – The measure provides for an interest subsidy combined with the loan and equal to 3% and in any case not higher than the rate defined for the underlying loan – and up to a maximum of 70,000 euros.CopyAMP code
HOW TO SUBMIT APPLICATIONS – Applications must be submitted exclusively through online calls, accessible at www.bandi.regione.lombardia.it starting Thursday 15 September, at 10.30 am.
For all further information, consult the website www.imprese.regione.lombardia.it.