Florence helps the new entrepreneurs

The archdiocese of Florence, Fiditoscana spa and the Chamber of Commerce of Florence have established a guarantee fund to finance new businesses and help the new entrepreneurs through an  access to credit with the following features:

• duration: 24-60 months besides a grace period of up to 12 months;
• entity: 5thousand/15thousand euro for individual companies and till 45thousand euro for societies; 
• interest fee: Euribor (variable fee) o IRS (fix fee) with a 1.90% spread;
• guarantee: first-call for 50% Fiditoscana granted by the created Fund. The guarantee release is free.

Source: www.fi.camcom.it