Freelancers: €1 bln of credit on special terms to strengthen their businesses

Intesa Sanpaolo and Adepp have signed an agreement that makes available €1 billion in new financing for self-employed professionals, with the aim of boosting investment in:

• expansion of professional business
• digitalisation
• training of resources

The special financing is intended for the 1.6 million professionals belonging to the 18 Adepp member occupational funds and leverages the role of the new special section of the SME Guarantee Fund in supporting credit for professionals.

The agreement – the first of its kind signed between Adepp and a bank – aims to support registered professionals with dedicated financing products and services, such as:

• banking services to facilitate the management of receipts and payments, including in mobile and contactless mode
• services to protect office activities, safeguard assets, ensure business continuity and deal with potential cyber attacks

The agreement confirms Intesa Sanpaolo Group's attention to the various categories of professionals, who make up a substantial, strategic share of the Italian economy.