Beneficiaries
UAE and GCC SMEs seeking to invest in productive capacity and modernise their industrial plant by purchasing Italian-origin machinery, plants and technology.
§ Export Finance · SIMEST L. 295/73 · UAE & GCC
Axis Partners structures and coordinates with-recourse and non-recourse discount transactions of receivables for Emirati and Gulf SMEs importing durable capital goods from Italy — delivering the lowest cost of financing available in the market today.
An effective and cost-efficient financial instrument to finance the purchase of capital goods from Italy.
To help UAE and GCC SMEs purchase Italian capital goods through an effective and cost-efficient financial instrument — at a rate they would never obtain locally.
UAE and GCC SMEs seeking to invest in productive capacity and modernise their industrial plant by purchasing Italian-origin machinery, plants and technology.
Italian-origin machinery, production lines, plants, equipment, technology and related services — manufacturing that sets the global standard.
Supplier Credit under SIMEST Law 295/73 — non-recourse / with-recourse discount of credit instruments with a direct interest-rate subsidy from the Italian state.
A heavily subsidised CIRR rate, no impact on the Net Financial Position and no local collateral — designed for the Buyer.
The OECD Commercial Interest Reference Rate applied to the deferral is typically far below the rate the Buyer would obtain from its local banks. Fixed and locked at contract signing.
Promissory Notes issued by the Buyer are booked as Trade Payable (D.8 / IAS 1.54k), not as Bank Debt. Banking covenants, rating and debt capacity are preserved.
From a minimum of 24 months up to 8–10 years under the OECD Arrangement, depending on country category and sector. Aligned with the payback cycle of the asset.
Italian-origin machinery, plants and technology — European manufacturing excellence — accessed through a financing mechanism that is competitive against local funding.
The non-recourse discount of the Promissory Notes transfers credit risk to the discounting bank. The Buyer posts no local collateral or additional bank guarantees.
Consecutive semi-annual instalments, the first within 6 months of SPOC. The Buyer pays progressively as the asset generates returns — without concentrated outflows.
The Foreign Buyer issues the Promissory Notes; the Italian Exporter discounts them with a bank; SIMEST disburses an interest contribution directly to the Exporter.
The Italian exporter monetises the receivable at contract delivery. The Gulf buyer pays progressively over 5–10 years at the CIRR — typically far below local financing rates.
From Abu Dhabi, with ADGM Cat. 4 license, we support GCC importers and Italian exporters across the full SIMEST L. 295/73 subsidy cycle.
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