Things
The SME Capitalization Fund (FPPMI) is a financial instrument for the provision of loans to SMEs that have approved capital increases. The fund intervenes with the aim of strengthening businesses to support development and recovery. It is aimed at directly granting loans to already established SMEs that have the legal form of joint-stock companies, in exchange for a capital increase that determines an effective entry of financial resources into the company.
Who is it aimed at?
Beneficiaries of the FPPMI are Small and Medium Enterprises (SMEs), which on the date of submission of the application must be in possession of the following eligibility requirements: - fall within the size requirements of SMEs, - be established in the form of joint-stock companies, - have the last two closed financial statements filed, - have or intend to open, at the latest by the date of signature of the financing contract, an operational headquarters in Lazio (in this location the entrepreneurial activity for which the loan is to be carried out must be carried out and the investments must be located included in the Project), - having carried out a capital increase of at least 50,000 euros (the relevant payment must be made within a maximum of 30 days from communication of the granting of the loan). The subjects must also comply with the general eligibility requirements indicated in the Notice (such as, for example, regular contributions certified by the DURC).
What does it predict
The facility consists of a loan with the following characteristics: - amount: minimum 50,000.00 euros, maximum 500,000.00 euros - duration: 84 months including (mandatory) pre-amortization of 12 months - interest rate: zero - repayment: in installments constant monthly deferred The loan can cover up to 50% of the project as the remaining part must be covered by the capital increase.
