Small and medium new enterprises or fresh handicraft entrepreneurs of all sectors are at liberty to receive the benefits endorsed by the Milan chamber of commerce in order to cut the expenses for financing and leasing.
A fund of 700,000 euro is available in favor of young or growing companies and can avail reduced interest rates by 1.5 and 2 points for new enterprises and companies managed by women.
To avail benefit from the companies have must have existing financing or leasing contracts for a duration involving three to five years for an amount between 13,000 and 300,000 euro and such contracts must be guaranteed by a consortium or loan cooperative.
Another condition is that their legal office or operating office must be situated within the Milan province.
The beneficiaries will receive a contribution to finance investment plans for starting the enterprises and the acquisition of already existing companies, the realization of innovative corporate projects, the improvement of production capacities through modernization, structural adaptation, extension of corporate processes and operating structures, adaptation of the IT system.
For more information and to apply for credit, sight the web page of the Milan chamber of commerce.
marketing@alchempro.com
