(Finance) – The banks of the central mediocredit group have allocated a ceiling of 50 million euros To support the companies of the roasting sector to cope with the difficulties due to the increase in the price of coffee and the costs that fall on the entire supply chain.
The companies concerned – explains the note – will be able to request a center of the central, BDM Banca and Cassa di Risparmio di Orvieto a loan for liquidity needs or for the Realization of investments of efficiency of production processes, in line with the objectives of ESG sustainability.
The granting of funding is subject to outcome positive of the investigation on creditworthiness by the banks of the MCC group and the admission to the guarantee fund for SMEs.
With the allocation of these resources, mediocredit central, BDM Banca and Cassa di Risparmio di Orvieto confirm their commitment to support the Italian agri -food supply chain which, with 1 million and 200 thousand companies and over 3 and a half million employees, It is a sector of fundamental importance for the country and, in particular, for the South, where most of the Over 800 Italian roasters.