CDP is committed to strengthening the capital of the Guarantee Fund for SMEs through counter-guarantee initiatives, using public funds from the EU or resources contributed by public or private entities, with the aim of supporting access to public guarantees for Italian companies
The guarantee of the Fund is granted, for up to a maximum of 80% of the loan.
The Fund guarantees each company or professional a maximum amount of 2.5 million euros, which can be used through one or more transactions, up to the set ceiling, without a limit to the number of transactions that can be made.
The guarantee percentage and the maximum guaranteed amount were increased on a transitional basis by Decree Law No. 23 of 8 April 2020 ("Liquidity Decree") to facilitate access to credit for companies in the Covid-19 emergency crisis period.
CDP has activated some main counter-guarantee initiatives for this instrument in order to increase the volume of guarantees issued by the Fund. This is based on using funds made available by the European Commission and managed by the European Investment Fund (EIF):
CDP is also authorised to set up "special sections" in the Fund, using public or private resources, with the aim of maintaining the guarantee percentage at the maximum level set by the law.
For further detailed information, please see the Guarantee Fund for SMEs institutional website: www.fondidigaranzia.it
To apply to the Guarantee Fund for SMEs, the company or professional can contact:
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