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Credem supports SMEs: the Grancassa project continues, 1,2 billion in loans for businesses

The Credem initiative called Grancassa continues, launched at the end of September and which provides for the activation of pre-approved loan ceilings for over 1,2 billion euros in favor of SMEs - The project is potentially aimed at around 39.000 corporate customers of the bank - The loans are suitable to manage year-end liquidity needs.

Credem supports SMEs: the Grancassa project continues, 1,2 billion in loans for businesses

Credem, with the aim of supporting the economy and companies, continues with the initiative called Grancassa, launched at the end of September and which provides for the activation of pre-resolved loan ceilings for over 1,2 billion euros in favor of SMEs.

The ceiling is aimed at a potential pool of around 39 companies that are already customers of the bank, in particular artisans, farmers, freelance professionals and small businesses, interested in managing liquidity needs, generally accentuated towards the end of the year for the payment of thirteenth taxes at the end of November, VAT advances, as well as other financial needs such as warehouse financing or advance payment of suppliers.

The loans will be disbursed to the selected companies that request it, without particular formalities and without further guarantees, in a short time.

The amount of the loans, available until the end of January 2014, is divided into several Italian regions, in relation to the economic fabric and the number of client companies: over 284 million euros are reserved for Emilia Romagna, 150 million for Lombardy, 80 million to Tuscany, 55 million to Veneto, 48 million to Piedmont, 40 million to Lazio, 109 million to Campania, 124 million to Puglia, 128 million to Sicily, just to name a few regions.

"Not only with financial support - explains Massimo Arduini, Credem's Marketing & Business Manager - but also with the advice and support of our specialists, we want to be close to companies to understand their real needs and accompany them in achieving their business projects" .

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