Confrontation with banks
Intesa San Paolo proposes to companies to pay 100 euros for every 110 euros of tax credit over five years, or 90.91% of the nominal value of the credit. While for tax credits with compensation in ten years, the purchase will take place at 80 euros for every 100 tax credit, 80% of the nominal value. The payment of the consideration for the sale will take place within five working days following the date on which the credit will appear in the bank’s tax drawer, without any further charge. Furthermore, the bank is working on the signing of collaboration agreements with national and foreign industrial operators to financially support the commercial offer of these operators.
Unicredit offers professionals a similar treatment. The purchase price of tax credits for businesses is € 100 for every € 110 of tax credit purchased and € 78 for tax credits not related to the 110% superbonus. Furthermore, the bank will be able to finance the works connected with the tax concessions in question to the companies that request them. also regardless of the commitment to the future transfer of tax credits, through advance contracts and invoices on expiry, to accompany the company until the completion of the works. In the event of a sale, however, the anticipated percentage on contracts and invoices, for companies, can reach 60% of the value of the tax credit.
Carige buys the loan at 101 euros for every 110 euros, reaching 91.82% of its nominal value, for expenses that can be deducted in five years. For expenses deductible in ten years, however, an amount equal to 81.12% of the nominal value of the deduction will be paid. The transferred tax credits will accrue and will be paid when the works are in progress (the first with a state of progress equal to at least 30% of the specifications, the second with a minimum of a further 30%, the remaining at the end of the works).
In order to have the necessary liquidity to start construction sites, the bank offers two financing methods: an advance on contracts with a maturity of 18 months and in any case consistent with the timing of the interventions, with repayment through the liquidity deriving from the sale of the tax credit in report on the work progress; or an unsecured loan with a duration of up to 120 months.