As is known, in some cases it could be useful or necessary to proceed with transferring the credit on a “recourse” basis.

“R&M” finds the Italian or foreign banking counterpart interested in funding the transaction.

Besides the credit worthiness of the Italian creditor and the foreign debtor, the credit repayment formalities (amount, rate, tenor, payment schedule, etc.) and the rating which the international financial market assigns to the debtor’s country are also of particular importance: in this connection, it is advisable to browse SACE’s “Country Situation”.

In principle “R&M” also sees to the entire documentary and administrative procedure, dealing with the insurance coverage of the transaction (normally through SACE) and obtaining any SIMEST subsidy.