SACE and Banca Popolare di Bari: new lifeblood for SMEs

An agreement was signed by Banca Popolare di Bari and SACE to support i SME internationalization projects through the disbursement of loans, guaranteed by SACE itself, for a total amount of 25 million euros. Recipients of the initiative le companies with a turnover of up to 250 million, achieved for at least 10% abroad. On the basis of the agreement, companies will be able to request a medium and long-term loan aimed at the purchase and renovation of real estate, land, plant and machinery and the purchase or redevelopment of industrial and commercial equipment. The role destined to cover working capital requirements, whether represented by raw materials, semi-finished products and/or inventories, is also important. Funding may also be requested to support the expenses for intangible assets directly linked to export and internationalization processes: research and development activities to be capitalized in the balance sheet, participation in international fairs, held in Italy, and exhibitions or fairs abroad.