Sace guarantees €1m SME credit line for Gambini

Skip to:
Article

Sace and Credito Valtellinese (Creval) have agreed to provide a €1 million ($1.13 million) credit line to Gambini, a Tuscany-based SME specialised in the design, construction and installation of machinery for tissue paper manufacturing.

The deal falls under the umbrella of the “2i per I’Impresa” programme – a joint initiative by CDP, Sace and EIF  which aims to provide Italian SMEs with resources from the Juncker Plan to support internationalisation and innovation.

The loan – issued by Creval, guaranteed by Sace and counter-guaranteed by EIF – will enable Gambini to invest in R&D and patents to renew its machinery and improve the efficiency of its production processes, with an eye to expanding in foreign markets, particularly Europe, China and the US.

Related analytics

Transaction Name Stage Est. Value
Masdar & EDF Energie Nouvelles/$650 million/0317 Pre-financing 650.00
Isbank/€100 million/0317 Financial close 108.00
Farstad Shipping/NOK300 million/0317 Financial close 35.00
Government of Turkey/€255 million/0317 Pre-financing 269.70
Vakifbank/$250 million/0317 Financial close 250.00
No data available
More transactions

Trade Finance on Twitter