SACE
SACE is Italy’s Export Credit Agency and insurance & finance group controlled directly by the Ministry of the Economy and Finance, specialized in supporting businesses and the national economic system through a wide range of tools and solutions to foster competitiveness in Italy and worldwide.
It also supports the banking system, through its financial guarantees, to facilitate companies' access to credit, support liquidity and investments for competitiveness and sustainability as part of the Italian Green New Deal.
The Group is present in target countries for Made in Italy with 13 offices, which have the role of building relationships with primary local counterparts and, through dedicated financial instruments, facilitating business with Italian companies.
With a portfolio of insured operations and guaranteed investments of Euro 164 billion, SACE, together with its subsidiaries, serves almost 40 thousand companies, especially SMEs, supporting their growth in Italy and in around 200 foreign markets.
EXPORT CREDIT
We support the purchases of Italian goods and services by guaranteeing or insuring medium- and long-term loans to international buyers. Loans may be denominated in euro, U.S. dollars or select foreign currencies.
STRUCTURED & PROJECT FINANCE
We guarantee non-recourse or limited-recourse loans to finance major international capital projects involving Italian exporters and projects of strategic importance for the Italian economy in sectors such as infrastructure and renewable energy.
INTERNATIONALISATION
We help Italian enterprises access financing to support their international development, by guaranteeing loans granted for export-related activities or foreign investments. We also protect their investments abroad against political risks.
SURETY
We offer guarantees to cover the contractual and legal obligations of companies participating in tenders and suppliers that win orders in Italy and abroad. We also provide construction risk insurance.
CREDIT INSURANCE
We provide Italian exporters with a variety of credit insurance policies, enabling international buyers of Italian goods and services to benefit from extended credit terms.
FACTORING
We offer recourse and non-recourse factoring, with a specific range of services for suppliers to public sector customers.
ADVISORY SERVICES
Among others services we advise ECA’s in emerging markets and others financial institutions, providing training programs aimed at transferring own experience and know how.
Founded: 1977
Ownership: Italian Ministry of Finance