These loans are defined as ” subsidized ” because they are characterized by the application of an interest rate that is more advantageous or that makes the repayment rate more convenient. In fact, by applying a subsidized interest rate, the applicant will have to repay a smaller amount of money than the amount to be repaid in the case of a personal loan. This is precisely because the subsidized loan was created to help companies to emerge from a state of crisis or to improve their business by modernizing the companies already started.
Soft loans Who can request them?
The subjects that can request and access these forms of subsidized loans are the companies of previous opening or new opening. The request for subsidized loans can also be made by private subjects who, at the time of publication of the notice, want to undertake a new productive activity. For the purposes of admission, the nature of the production sector chosen by the company or private individual is irrelevant.
In particular, in fact, private individuals who want to carry out business projects, can access subsidized loans in the event that they have to incur expenses for the restructuring or for the purchase of the premises or for training courses for their employees.
The same is true for companies that have to incur expenses to purchase facilities , machinery, instrumental facilities to start or to improve existing production activities.
The subsidized loans for companies: the European Union calls
This type of subsidized loans are provided by affiliated banking institutions. Companies or private individuals who wish to access subsidized loans will be able to consult the various tenders that are periodically published by the European Union. It is the European Union, in fact, that decides to provide non-repayable or low-interest loans. In particular, these tenders are aimed at companies or private individuals who present corporate restructuring projects in areas of economic criticality or risk of abandonment.
The subsidized loans are provided through the funds and resources of the European Union.
In particular, to verify the available tenders, the access requirements for subsidized loans and the categories of subjects they refer to, we advise you to periodically consult the page on European Financing. Here you can see which calls are active and submit the application.
Soft financing for businesses: the Italian calls
It is not just the European Union that periodically publishes calls for companies or individuals who want to revive their business. Even the Italian State and the individual Regions can provide – again through calls for applications – forms of subsidized financing for new and old companies. In this sense it is the Invitalia, the National Agency for the Attraction of Investments and Business Development, in charge of the instrumental activities for the development of Italian companies. In fact, Invitalia has a very important and interesting function for the Italian economy. In particular, the National Agency for the Attraction of Investments and Business Development deals with attracting foreign investments, supporting innovation of Italian companies and, therefore, encouraging productive activities by favoring the development of the company on Italian territory.
Soft financing for businesses: the types
All the subsidized loans are, as pointed out above, provided for by European, state and regional calls. These tenders, in particular, establish the maximum available and payable capital for the granting of loans. In addition, the documentation to be presented to access the loans and the capital disbursement limits are stipulated. Finally, these tenders also provide for a series of sanctions in the event of non-implementation of the projects following the disbursement and use of the capital.
Whatever the “source” of loan provision, we distinguish different types:
- state subsidized loans for youth businesses
- subsidized loans for Microenterprise;
- soft loans for the creation of the franchise;
- subsidized loans for female entrepreneurship;
- subsidized loans for the creation of self-employment;
- subsidized loans for craft businesses;
- subsidized loans through the loan of honor.