The LP Confidi experience in the Italian leather sector The Financial and Social Effects of the Economic Crisis Bratislava - 18-19th June 2009 The LP Confidi experience in the Italian leather sector With the support of
UNIC Group Plus Industrial Relations Fairs organization Research & Development Communication Process and product certification Plus Economic and market analysis Lab analysis International relations Accessories and components assoc. ( )
LP Confidi Is a non profit mutual guarantee consortium in the form of a limited cooperative company devoted to enterprises of the leather sector aimed at facilitating the access to credit
How does a confidi work? Enterprise Confidi Fund Bank membership purchases shares agreement loan pays commissions guarantee Bank
Benefits of a confidi intervention Benefits for the enterprise Access to credit at better conditions Access to credit that would not be available without guarantee Benefits for the bank Risk of bad debt reduction More insight in sector specific dynamics
LP Confidi results 1/2
LP Confidi results 2/2
E-mail.: lpconfidi@lineapelle-fair.it Tank you for your attention LP CONFIDI s. c. p. a. Via Brisa, 3 20123 Milano Tel.: 02-880771.1 Fax: 02-860032 E-mail.: lpconfidi@lineapelle-fair.it