BUSINESS · CREDIT · INCENTIVES
CAPITAL INTELLIGENCE / ITALY + EUROPE
Stone
Finance Watch.
The capital behind the stone.
Credit and capital for stone businesses. Stone districts, supply-chain agreements, local banks and tools for financing production.
PILOT EDITION31.10.2026OFFICIAL SOURCES
CREDIT IN STONE DISTRICTSVERIFIED SOURCES
The bank. The district. The evidence.
Choose an area and open the documented relationship. Local presence is not used to infer bank market shares.
TuscanyCarrara–Massa
Marble supply chains: supplier relationships, exports and working capital.
Supply-chain agreement25 July 2022
Marble supply-chain agreement
BNL–Franchi Umberto Marmi agreement: credit, exports and reverse factoring for Carrara supply-chain businesses.
Historical document: current availability, access and terms require confirmation. No dedicated rate published in the release.
What to ask and where to verify ＋
Ask whether your business belongs to the eligible supply chain.
Agreement ≠ branch ≠ research ≠ event. Five initial evidence records, not a census of stone-industry credit. More districts require specific sources.
NATIONAL ACCOUNT BENCHMARK
An account fee is a cost. A banking relationship is something else.
The following Top 10 compares national product fees; it does not measure which banks lend most to stone businesses. The district references above and this sample have different scopes.
Calculate the cost of your usage ↓BANKING COSTS / ITALY31.10.2026
Top 10 banks compared.
List-price account fee, excluding promotions. Not the total cost of account and credit.
BANK · TAP A BAR€ / year
Banca AideXaX Conto
5 SEPA transfers/month included. Italian-resident SMEs established over 24 months ago; check excess fees and stamp duty.
Fees, credit & overdraft ＋
Credit rate, facility fee and CIV have not been verified for this product. They are not assumed zero. Request the dedicated terms and summary document.
Published terms: not a personalised quote or approval of credit.
Editorial sample of 10 banks, one selected product each. Not a market-wide Top 10 or a safety ranking. Equal fees share ranks; service terms differ. Company filter uses alternative products where stated and reduces the sample. Official sources checked 31 Oct 2026.
THE COST OF LIQUIDITY
An account has a cost. So does going overdrawn.
A quarterly simulation using your assumptions. The account fee comes from the chart selection; all other inputs are editable assumptions, not that bank’s quoted prices.
SELECTED ACCOUNTBanca AideXaX Conto
Enter actual card, transfer, stamp duty and service costs not already included. The initial value is an example, not a quoted fee.
SCENARIO COST · ONE QUARTER
1,586.30 €Account fee · one quarter0.00 €
Interest · usage days986.30 €
Facility fee500.00 €
Other assumed costs100.00 €
You pay for use. And availability.
Interest applies to usage; the facility fee applies to the whole agreed limit, including unused amounts. This model assumes availability for one full quarter.
Calculation method & scope ＋
Interest = average usage × TAN × days / 365. Fee = annual / 4, excluding promotions. Facility fee = limit × quarterly percentage; CIV = event fee × chargeable events. No compounding. Not APR/TEG or a full quote. Bank documents may use different conventions. Excess overdrafts also require the costs of the existing facility: this second scenario covers overdrafts with no agreed credit only. Do not add opening/review charges to a comprehensive fee without checking whether they are permitted.
The ranking covers account fees only. Total costs may reverse positions: credit facilities are not ranked without comparable limits, terms, security and credit assessment. Account availability does not imply credit approval.
01 / THE INDUSTRY
First the scale. Then the decisions.
A snapshot of the Italian supply chain, not an aggregated balance sheet of quarries alone.
People employed
Natural stone + machineryBillion USD turnover in 2025
Natural stone + machinerySource: Confindustria Marmomacchine, 2026 assembly. Counts reported in 2026; turnover refers to 2025. Scope includes machinery manufacturers. Read source
02 / FUNDING FINDER
Your project. Funding to explore.
Four selected instruments. Filter by purpose and location, open the terms and compare the differences.
4 matching instruments
ITALYLoan + interest subsidy
Nuova Sabatini
New machinery, plant and technology to modernise production.
€20k — €4mLoan range under the scheme
Eligibility, costs & timing ＋
- Who can apply
- Micro, small and medium businesses; check activity and eligibility.
- What remains payable
- The loan is repayable. The subsidy uses a conventional interest calculation, not the bank’s actual rate.
- Timing & availability
- Loan term up to 5 years; availability on the MIMIT portal.
- Check before applying
- Used assets, land and buildings excluded. Bank approval is still required.
ITALYPublic guarantee
SME Guarantee Fund
A financing guarantee to support access to credit.
80% / 50%Investment / working capital · 2026 rules
Eligibility, costs & timing ＋
- Who can apply
- Eligible SMEs and professionals; apply via a bank or Confidi.
- What remains payable
- Not a cash grant: the business owes the entire loan. Rates and repayment are agreed with the bank.
- Timing & availability
- Transitional rules extended to 31 December 2026.
- Check before applying
- Coverage depends on the operation and eligibility. A guarantee is not a loan approval.
ITALYSoft loan
SIMEST · Digital & green
Digital or green transition for internationally oriented businesses.
6 yearsStandard term · including 2-year grace period
Eligibility, costs & timing ＋
- Who can apply
- Businesses meeting the internationalisation requirements of the operating circular.
- What remains payable
- Repayable loan; any grant component depends on eligibility and caps. Check the rate when applying.
- Timing & availability
- Special cases allow up to 8 years. Some enhanced terms end on 31 December 2026.
- Check before applying
- Availability and approval depend on assessment. Stone businesses are not automatically eligible.
TUSCANYInterest & guarantee-fee subsidy
Tuscany · ERDF / EIB credit
Subsidies reducing interest and guarantee fees on loans from participating banks.
ERDF + EIBProductive investment in Tuscany
Eligibility, costs & timing ＋
- Who can apply
- SMEs with projects in Tuscany, in eligible sectors under the call.
- What remains payable
- Specific financing costs are subsidised; the borrowed principal remains repayable.
- Timing & availability
- Rolling applications until resources are exhausted, according to the regional page.
- Check before applying
- Check the call, participating banks, activity codes and remaining funds. No single rate applies to all businesses.
Compare without confusing the support.
Select cards to compare. A guarantee does not reduce the principal you owe.
03 / CAPITAL LAB
What will your next investment cost?
Change the assumptions. Capital, payments and charts update immediately. No application is sent to a bank.
YOUR ASSUMPTIONS
The grant is your assumption, not an entitlement. The model assumes it is available upfront; a later payment requires bridge funding.
TO BORROW350,000 €
MONTHLY PAYMENT6,605 €
TOTAL INTEREST46,296 €
Debt goes down. Capital stays.
Year-end loan balance · euro
YEAR 1Principal repaid 63,194 €Interest 16,065 €Remaining 286,806 €
How is the payment calculated? ＋
Equal monthly instalments, fixed annual nominal rate divided by 12, first payment after one month. Excludes fees, tax, insurance, VAT and grace periods. Rounding is display-only. Not a quote or credit assessment.
RATE SENSITIVITY
One rate point changes the bill.
Same principal and term. Three assumptions compared.
6,446 € / month
6,605 € / month
6,766 € / month
DISTRICT BALANCE SHEETS
Equity in the districts.
Equity / total assets · ISID sample medians
Valpolicella marble & granite
42.0%
Carrara marble
38.8%
Intesa Sanpaolo research, October 2024, p. 21; historical accounts, not 2026 data. The remainder to 100 is not bank debt. Source & scope ↗
04 / BALANCE SHEET OBSERVATORY
How many businesses. How much capital. How much debt.
A sector balance sheet needs comparable accounts. Turnover does not reveal how indebted a business is.
ANALYSIS SCOPE
From resource to block.
Separate ornamental stone from aggregates and other mining. Distinguish enterprises from local units before counting quarries.
ISTAT structural sourceACCOUNTS COVERAGE
Aggregate debt: to be documented.
No verifiable accounts sample has been acquired for this scope yet. No debt total, percentage or chart is presented as observed data.
Year —Accounts directly acquired 0
01Own capital ＋
Equity: owners’ funds, reserves and accumulated results.
02Financial debt ＋
Loans and other financial debt, separately from trade payables.
03Net financial position ＋
Financial debt less cash, with components and sign convention stated.
05 / CREDIT DESK
An agreement is a start. The cost is in the detail.
Compare official terms, not just the headline rate. No bank ranking without comparable offers.
MCC ↗
DOCUMENTED EXAMPLE
Nuova Sabatini, through a bank.
Mediocredito Centrale publishes a dedicated product: €30,000 to €4 million, 24–60 months. The bank’s minimum differs from the national scheme’s €20,000.
Subject to bank assessment, subsidy and guarantee. No commercial agreement with Molai.
Product & information sheetsBefore signing, compare.
01 Rate and total cost ＋
Nominal rate, ISC/APR where applicable, fees, guarantee and insurance.
02 Timing and security ＋
Disbursement, grace periods, personal guarantees and covenants.
03 Alternatives for the same need ＋
Investment loans; leasing for assets; factoring for trade receivables. Compare costs and risks.
06 / ON THE RADAR
Dates to keep on your desk.
SME guarantee
End of the currently extended transitional rules. Not an announced closure of the Fund.
Check rulesSIMEST
Deadline for some enhanced terms for specific groups. Check requirements and the circular.
Check termsTuscany · Credit
Regional scheme: check resources, eligibility and participating banks before planning.
View portalTHE EVIDENCE
Every figure, a provenance.
Pilot edition checked on 31 October 2026. This selection is not a census of all support and does not determine business eligibility. Calls and available funds may change.