The Credit Line PME Crescimento 2015, was available since 1st April 2015 till 3rd february 2017, with an overall envelope of 1,650 million Euro, with four Specific Lines aimed at:
Micro and Small Enterprises Line
New investment in tangible or intangible fixed assets (to be held within 12 months after the date of contracting), or enhancement of working capital or fixed capital;
Exceptionally, up to 30% of the transaction may be used to settle debts with the financial system in the 3 months preceding the date of their engagement designed exclusively for regularization of arrears to the Tax and Social Security debts.
Working Capital and Investment Line
New investment in tangible or intangible fixed assets (to be held within 12 months after the date of contracting), acquiring companies complementing the activity or the enhancement of working capital or fixed capital;
Exceptionally, up to 30% of the transaction may be used to settle debts with the financial system in the 3 months preceding the date of their engagement designed exclusively for regularization of arrears to the Tax and Social Security debts.
High Growth Companies Line
Transactions designed solely to finance working capital or fixed capital;
Commercial Credit to Exporters Line
Transactions designed solely to finance the cash requirements relating to commercial operations involving temporary additional working capital needs.
Credit transactions to conclude under this line benefit of an autonomous first demand guarantee provided by SGM, aimed at ensuring:
Full rebate of the mutual guarantee commission, in accordance with the Table available in the Disclosure Document.
The companies and the Bank shall negotiate with a maximum cap corresponding to Euribor (6 months) plus a spread, in accordance with the Table available in the Disclosure Document.