Roma, 25/07/2024
Small and medium-sized enterprises (SMEs) form the backbone of the Italian economy, 95% of which are estimated to be classified as micro-enterprises and Italy has a larger dependency on SMEs compared to other comparable European nations. Therefore, the Italian government has stepped up to tackle this issue of a lack of access to credit through a variety of schemes. There are two main financial institutions that dominate the market to help improve access to credit for Italian SMEs: Mediocredito Centrale (MCC) through its SME Guarantee Fund Fondo di Garanzia, and SACE.
Please find here a brief presentation on the main issues regarding the two major initiatives on the matter (MCC and SACE).