S-Loan green projects

S-Loan Progetti Green finances investments in processes, infrastructure, technologies, services and products that have a positive environmental impact. Its 11 lines cover renewable energy; energy efficiency; pollution prevention and waste recycling; sustainable agriculture, forestry, urban greening, fishing, aquaculture and livestock; biodiversity conservation; clean transport and infrastructure; industrial decarbonisation and sustainable non-biological alternative fuels; water and wastewater management; physical climate-risk reduction, including data and early warning systems; circular production and longer product life; and construction or renovation meeting recognised environmental standards such as LEED or BREEAM.

You can borrow up to 100% of the documented investment, excluding VAT. VAT can be included for businesses using Italy’s flat-rate tax regime. The loan and any public support together cannot exceed 100% of the documented expenditure.

The product-specific term is longer than 24 months and normally no more than 20 years. This includes an optional period, normally up to 18 months, when you pay interest without repaying the principal. Afterwards, instalments repay the borrowed money plus interest, monthly, quarterly or half-yearly. You can agree a fixed rate or a variable rate; a variable rate can increase your payments. Fixed-rate repayments can use constant instalments; variable-rate plans can repay equal amounts of principal or amounts set using the initial rate. Other plans require agreement with the bank.

The money can be paid in one amount or in stages against evidence of investment progress. During staged drawdown you pay only interest. This phase cannot exceed 36 months and forms part of the total loan term; the amounts already drawn move automatically into principal-and-interest repayment on the date agreed in the contract.

Confirming that you completed the project by the agreed date can reduce the fixed rate, or the bank’s added margin on a variable rate, by 0.10 percentage points, capped at 10% of that contractual rate or margin. The reduction is governed by an addendum, starts after you notify the bank, applies for the remaining term and does not cover earlier interest.

Costs are agreed in the contract. The published maximum standard application fee is 2.50% of the amount requested, with a €400 minimum; abandoning the application carries the same published standard fee. There is also a 0.50% charge on the difference between the amount in a preliminary contract and the amount actually drawn, and a further initial assessment fee of 2% of the financed amount for particularly complex operations, such as syndicated loans, acquisition financing or property transactions with particularly complex assessment or organisation.

You may repay early in full or in part, with contractual compensation that differs between fixed and variable rates. No compensation applies to an individual borrowing to buy or renovate premises used for their own economic or professional activity. Qualifying individuals and microenterprises can transfer the loan to another lender without even indirect fees; the new contract retains the old rights and guarantees. For fixed-rate loans above €15 million, no compensation is due when the remaining weighted-average loan life is under three months. This calculation weights each remaining repayment period by the proportion of the original principal still outstanding in that period.