A company can start training courses by obtaining specific contributions granted by the relevant public entity, be it the State, Region, or Province. However, these authorities will want to ensure that the funds provided are used for the intended purpose and will therefore request a guarantee: to obtain the financing, you must sign a guarantee agreement.
In short, if for example your Region has granted your company the necessary funds to start a course and train a group of people on the techniques of tourist web marketing, you will have to ensure the entity with a guarantee, you cannot squander money carrying out other activities.
Do you need a Guarantee for Training Courses?
We provide Insurance Guarantees to companies throughout the national territory, including islands.
Contact us online for real-time response, call one of our nearest offices: Tel. +39 055 49.32.199 – Tel. +39 02 667.124.17
Email: info@italiafideiussioni.it
You can also contact us via WhatsApp: +39 366 2097030
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The bank guarantee or insurance policy must be irrevocable, unconditional, and executable on first demand, and must be issued by:
- Banks or credit institutions registered in the Register of Banks held by the Bank of Italy;
- Insurance companies listed in the register of enterprises authorized to operate in the surety branch at IVASS;
- Financial companies listed in the special register, under art. 107 of Legislative Decree No. 385/1993 at the Bank of Italy.
The guarantee must explicitly contain the commitment of the bank/guaranteeing company to reimburse, in the event of execution by the Region or Province, the principal amount increased by legal interest, accruing in the period between the date of disbursement of the advance and the date of repayment.
But how long do these guarantees last?
Generally, the period of efficiency varies from one to three years but in some cases, they may even have a longer validity. As for the costs to be borne, the granted contribution covers 100% of the expenses so you will not have to use your own resources.
What documents are needed to obtain this Guarantee?
Let’s now look at the documentation required to obtain this type of guarantee contract.
If you are a capital company, you will need to present:
- Complete balance sheet.
- Current year’s financial situation.
- Chamber of Commerce, single model of all partners for the current year.
If you are an individual firm / SAS / SNC you will need:
- Complete balance sheet
- Updated accounting situation
- Chamber of Commerce
- Single model of all partners for the current year.
What are Guarantees for Training Courses?
The guarantee is essential for companies aspiring to benefit from non-repayable contributions aimed at the activation of training courses, serving as a guarantee for the actual realization of such courses.
What are the Characteristics?
Crucial Characteristics of the Guarantee
To ensure the reliability and effectiveness of the guarantee, it is essential that the guarantee be:
- Irrevocable: Cannot be cancelled once issued.
- Unconditional: Its validity does not depend on external conditions.
- Executable on First Demand: Immediate repayment can be requested in case of default.
Authorized Entities for Issuing the Guarantee
The training course guarantee can be issued by:
- Banks and Credit Institutions: Registered in the Register 106 TUB of the Bank of Italy, authorized to provide guarantees for training courses.
- Insurance Companies: Authorized by IVASS to operate in the Surety branch.
What are the Requirements of the Surety Policy?
The Guarantee must ensure the reimbursement of the contribution disbursed in case the training courses are not realized, allowing the granting entities (Region or Province) to recover the funds through execution, i.e., the process by which, in case of non-fulfillment of the training obligations by the beneficiary entity, the entities regain possession of the disbursed sums.
italiafideiussioni.it: Your Trusted Partner
Our company stands out as a market leader in the provision of insurance guarantees, offering tailor-made solutions for individuals and businesses. By collaborating with leading insurance companies, we guarantee assistance and personalized proposals for every need.
Why Choose italiafideiussioni.it
- Specialized Assistance: Our experts will accompany you at every stage, offering a detailed overview of costs and benefits.
- Custom Solutions: Thanks to our partnerships, we offer you the best guarantee conditions, minimizing risks.i.
- Reliability and Security: We operate in full compliance with current regulations, ensuring peace of mind and reliability.
If your business is ready to launch a training course and needs a guarantee for a non-repayable grant, italiafideiussioni.it is the ideal partner.
Contact us to discover how we can facilitate your access to the best guarantee opportunities, without compromising on security or reliability.
Do you need a Guarantee for activating training courses?
We provide Online Insurance Guarantees to companies nationwide, including islands.
Write directly online to receive a real-time response, or call one of our nearest offices: Tel. +39 055 49.32.199 – Tel. +39 02 667.124.17
Email: info@italiafideiussioni.it
You can also contact us via WhatsApp: +39 366 2097030
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