Prestito flessibile per gli Enti Locali | CDP

Flexible Loan

We finance activities with long lead times, enabling the accounting of the sums paid out, not the full amount.

Who’s it for?

Municipalities, Metropolitan Cities and Provinces, Mountain Communities, Island Communities, Unions of Municipalities, Consortia in which local authorities participate (excluding those that manage activities with economic and entrepreneurial relevance), Consortia for the management of social services to which the TUEL applies to the Statute (CDP Circular No. 1280/2013)

How does it work?

Thanks to the extreme flexibility of the product, we provide financial coverage for the implementation of public investments which, due to their complexity, generally require long lead times (starting from € 100,000).

The amount financed is paid on the basis of supporting documents of the costs (e.g. progress status), during the period of use of up to 5 years, with the possibility of extending it to the entire duration of the loan.

The possibility of transforming the interest rate regime from variable to fixed even after the loan is finalised is allowed. Moreover, in the event that the financed work is not carried out or benefits from third party contributions, it is possible to renounce the loan without any compensation, according to the conditions specified in the Circular.

How to apply

Apply online at Local Authorities and PA Portal

Would you like more information?

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