Leasing Fund

Leasing Fund

We facilitate access to credit for SMEs and Mid-Caps by providing leasing finance to support investment and expenditure on tangible and/or intangible assets through leasing companies.

CDP Group has put in place extraordinary measures through this product to support businesses due to the Covid-19 emergency.

In the current climate with a slowdown in the economic cycle a result of the Covid-19 emergency, financial support for leasing companies is a concrete way to facilitate access to loans for small and medium-sized enterprises and Mid-Cap companies.

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Who’s it for?

Companies operating in Italy with fewer than 250 employees (full-time equivalent) and Mid-Cap companies with fewer than 3,000 employees (full-time equivalent), meeting the requirements to benefit from the guarantees of the SACE SME Guarantee Fund or parties operating with similar forms of guarantee.
 

How it works

The Leasing Fund is intended to finance initiatives relating to investments, to be made or in progress, expenditure on tangible and/or intangible assets and the restructuring of the previous debts of SMEs and Mid-Caps that generate additional credit in compliance with the limits provided for by the reference regulations.


The Fund amounts to 1 billion euros.

Eligibility for the Fund is open to companies operating in Italy with fewer than 250 employees (full-time equivalent) and Mid-Cap companies with fewer than 3,000 employees (full-time equivalent), meeting the requirements to benefit from the guarantees of the SACE SME Guarantee Fund or parties operating with similar forms of guarantee.

Non-autonomous SMEs and Mid-Caps are also eligible for financing, provided that the number of associated/linked employees is less than 250 and equal to or greater than 3000 respectively.

Loans may be granted by the supervised leasing companies through the Fund, exclusively for granting loans in the form of leasing that benefit from the guarantee of the SME Fund, SACE S.p.A. or parties operating with similar forms of guarantee of at least 80%.

Each loan may be granted for a maximum cumulative amount not exceeding 2,500,000 euros for SMEs and 5,000,000 euros for Mid-Caps.

Previous debt restructuring is allowed within the limits established by the reference legislation, including renegotiation/refinancing transactions, as long as the new financing includes additional credit to the amount of the debt being renegotiated, for a minimum of 25% (as required by Art. 13 paragraph 1 letter e) of Decree Law 23/2020, as amended in the conversion phase).


How to apply

At one of the participating Leasing Companies (the list will be available shortly in the “Related documents” section.).
 

Would you like more information?

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