Liquidity Advance

Liquidity Advance

We provide your business with short-term liquidity to facilitate the start of building renovation and energy efficiency projects

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

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Who is it for

Medium and large Italian companies operating mainly in the construction, energy and related sectors that meet the following eligibility criteria:

  • At least 5 years in operation;
  • Not subject to insolvency proceedings (including 67 or 182 proceedings) ongoing or initiated in the previous 4 years;
  • No negative equity or economic losses in two of the last 3 years of the financial statements;
  • GFP/NOL ratio not exceeding 4 or NFP/NOL ratio not exceeding 2.5;
  • GFP/EBITDA ratio not exceeding 7 or NFP/EBITDA ratio not exceeding 5.
     

How it works

We provide your company with short-term financing to cover liquidity and working capital needs, to start building renovation and energy projects that are eligible for tax benefits, in accordance with the measures set out in Articles 119 and 121 of the Relaunch Act (No. 34 of 2020).

Financing will be awarded for amounts equal to or greater than 5 million euros, with a maximum duration of 18 months.

Building renovation projects fall into one or more of the categories eligible under Articles 119 and 121 of the Relaunch Decree No. 34/2020, including:

  • installation of solar photovoltaic systems;
  • installation of vehicle charging stations;
  • restoration of building stock;
  • replacement of heating systems;
  • implementation of seismic resilience measures;
  • renovation or restoration work on the façades of existing buildings - including thermal insulation and cleaning or painting the exterior.

For the complete list of eligible building works, see the brochure for your company here:

The company can repay the loan by transferring the tax credit to CDP.
 

Get the Liquidity Advance in 3 steps


Apply

To obtain the liquidity necessary to begin works, you can apply to your CDP reference manager for the "Liquidity Advance" product, also refundable through disposal of your tax credits.


Credit Check

CDP professionals will carry out a credit check for granting the loan.


Agreement and Disbursement

Following a positive check outcome, you can sign a contract with CDP and receive the required liquidity. If you also apply for the Credit Transfer product, you can use accrued credits to repay the financing received.

Would you like more information?

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