ROMA (ITALPRESS) – Grow Italian exports by activating operational synergies, tools and services for the competitiveness of SACE and SIMEST. This is the goal of the agreement signed by Michele Pignotti, CEO of Sace, and Regina Corradini d’Arienzo, CEO of Simest.
The ability of companies to offer competitive payment solutions to their foreign customers is a strategic lever for expansion in international markets, especially in sectors with high productivity. In this direction, the agreement signed between SACE and SIMEST lays the foundation for an operational collaboration that aims to promote and enhance together the potential of the Supplier Credit tool.
By granting payment expansions to its foreign buyers and combining SACE insurance covers and a lost fund contribution provided by SIMEST directly to the Italian exporter up to 5% of the cost of the advance of invoices and other payment securities, Italian companies can count on an advantage in terms of financial competitiveness that the Italian export support system makes available to all exporting companies, especially small and medium dimensions.
Among the initiatives in the launch phase: an integrated and simplified commercial offer to value the advantages of the instrument, initiatives of formation and dissemination, joint, targeted and synergistic with the banking system and other strategic business partners, including the associations of category, scouting and promotion of framework contracts with primary foreign buyers enhancing the export of Italian SMEs, putting to common fact the potential of the offices and foreign presidents of SACE and SIMEST.
“To grow on new markets, it is essential to offer competitive conditions while maintaining a solid financial balance, so credit insurance represents a strategic ally – said Michele Pignotti, CEO of SACE –. We are pleased to work in this direction alongside SIMEST to offer integrated support to exporting companies and promote initiatives that can respond to their growing and new needs to compete better on international markets.”.
“The agreement with SACE strengthens a model of collaboration according to a system logic, fundamental to support the growth of Italian exports. Thanks to the combination of SACE insurance covers and SIMEST contributions, Credit Supplier becomes a concrete lever to strengthen the competitiveness of businesses, particularly SMEs – said Regina Corradini D’Arienzo, SIMEST delegated director –. SIMEST has also recently innovated this tool to enhance its impact, through the introduction of an export contribution of up to 5%, provided directly to the Italian company, and the possibility to offer medium-long-term payments, equal to or greater than 24 months. The agreement is fully integrated into the coordinated action of the Italian System, led by the Farnesina and composed of CDP, SIMEST, SACE and ICE, with the aim of accompanying our companies on global markets thanks to increasingly integrated, targeted and competitive-oriented instruments.”.
-Photos press office Sace-
(ITALPRESS).
