Things
It is a state fund that reduces interest on loans for sports facilities by reducing the cost of financing until the total reduction of interest is achieved.
Who is it aimed at?
It is aimed at public and private entities that also indirectly pursue sporting objectives, e.g. Amateur sports associations and clubs, businesses, moral bodies, universities, foundations, local and territorial bodies
What does it predict
The contributions are paid directly to the beneficiaries in installments based on the loan amortization plan upon completion of the financed works. The contribution application completed by the beneficiary is presented to the fund manager directly by the financing bank, the Istituto per il Credito Sportivo or other financing entity specifically affiliated with the Fund. Further information can be acquired on the website www.creditosportivo.it in the Special Funds area
