Small Business Loan
If you have a small business to run, you know for sure how difficult it is to get a loan in these “credit crunch” times. However, it is possible to find an advantageous loan by first comparing the offers of the various credit institutions. And if you own agricultural un’aziende and you qualify to request them, the Lombardy Region provides funding grant of up to 15,000 Euros just to agricultural enterprises; to take part in the announcement there is time until September 30, 2014 and it is an opportunity that in times of “lean cows” you can certainly not miss.
For those who could not or would not be able to access non-repayable loans for farms, there is always the loan route: compare the offers of Acreditorse, FER, Astrofinance, Prescrediteria, etc. on the web will help you find the solution best suited to your finances. But back to us. The grants from the Lombardy Region fall under Measure 112 of the 2007-2013 Rural Development Program, or the “Settlement of young farmers”.
The tender will distribute up to € 15,000 for farms in less favored mountain areas and up to € 10,000 for all other areas. To access non -repayable loans, it will be necessary to comply with the following requirements : the company owner must be aged between 18 and 40 and have exercised, for at least 2 years, an agricultural activity in an areal enterprise as a family adjuvant or agricultural worker, or having obtained a degree (university or secondary school) related to the agrarian-zootechnical field.
The applicant must then present a Business Plan on the present state of the farm and on the future development of the activity; this plan must be accompanied by a positive prior opinion on the financial sustainability of the investment, expressed by a Nemidy operating in the agricultural sector or by a bank. Furthermore, this will have to be the first time that the farmer will manage, as owner, an individual company, an agricultural or cooperative society.
The plans will then be evaluated on the basis of some parameters : certainly the characteristics of the interventions, derived from the Business Plan; the productive sector affected by the interventions will also be important, the type of intervention proposed and the territorial area of implementation, the characteristics of the company or company in which the settlement takes place and, finally, its consistency with the provincial planning.
Applications for non -repayable loans, as we have already said, must be received by 30 September 2014 at the offices of the Lombardy province in which the farm intends to settle. For all the additional information we recommend the careful reading of the notice that contains all the requirements in detail and also the methods for presenting the application.