Help SMEs, agribusiness and the third sector to face the higher costs associated with energy price increases and encourage investments in renewable energy. These are the goals of ceiling of 2 billion euro prepared by Intesa Sanpaolo while the price of gas continues its run and geopolitical tensions are increasingly skyrocketing.
In detail, the new commitment is designed for productivity cycles affected by the energy, economic and geopolitical crisis and is part of the initiatives in support of the PNRR and focuses on one of the pillars of the broader program of interventions for businesses of the bank led by Carlo Messina, Motore Italia.
From bills to the suspension of installments
With the aim of supporting the liquidity needs for payments and guaranteeing the production continuity of SMEs, Intesa Sanpaolo provides specific lines of intervention in favor of businesses, at favorable conditions and with the support of guarantees from the Central Fund and Sace, as required by the Aid Decree. The loan is intended to cover incremental costs and allows you to meet the payment of energy bills with dilution of payments up to 36 months, with 1 year grace period. Furthermore, it will be possible – upon request – to activate the suspension of loan installments existing (principal) for a period of up to 24 months subject to a specific assessment of the cases.
Barrese (Intesa): "Production and employment at risk"
"Right now companies find themselves having to manage unexpected costs that risk undergoing further increases in the coming months, putting their production and employment at risk - he said Stefano Barrese, head of the Intesa Sanpaolo Banca dei Territori Division -. We believe it is our duty to support the liquidity needs of our customers with new measures, even extraordinary ones, in order to face the sudden compression of operating margins and at the same time continue to stimulate new investments, also thanks to the public guarantees provided by the State".
