Nuova Sabatini: Who Qualifies and What You Get
Small and medium-sized businesses in Italy can receive interest rate subsidies on bank loans to help pay for new equipment or software.
Nuova Sabatini is a government initiative designed to help businesses modernize by reducing the cost of financing new technology or machinery.
Who it's for
This scheme is available to small and medium-sized enterprises (SMEs) that are looking to invest in new equipment or software to improve their operations.
What you get
If you take out a bank loan to fund a capital investment, you can receive a subsidy that covers part of the interest rates. This makes borrowing money for new tools or digital systems more affordable.
What it costs you
To access this benefit, you must apply for a standard bank loan. You will need to provide detailed documentation regarding the assets you intend to purchase to prove they meet the requirements.
The catch to know
Funding for this scheme is not unlimited. The available funds can run out quickly, so it is important to apply as soon as you have planned your investment.
How to apply
- Consult with your bank regarding your loan application.
- Gather all necessary documentation for your intended equipment or software purchase.
- Follow your bank's specific procedures for applying the subsidy.
- Find more information on the official portal: https://www.mimit.gov.it/