Gepafin
Gepafin S.p.A. is the designated regional financial instrument of Regione Umbria, Italy, providing bank loan guarantees, participatory loans, and equity support to SMEs, third-sector organizations, and individuals under mixed public-private ownership since 1987.
- Company typePrivate
- Founded1987
- HeadquartersPerugia, Italy
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Gepafin does
Gepafin S.p.A. is a regional financial institution headquartered in Perugia, Italy, operating since 1987 as the designated financial instrument of Regione Umbria for SME development. The company has a mixed public-private capital structure, with Regione Umbria (directly or via Sviluppumbria Spa) holding 56% and 10 regional banks holding the remaining 44%. Gepafin functions as an intermediate body that combines guarantee issuance, participatory lending, and equity or quasi-equity investment activity with the administrative management of regional public tenders.
Its core products span four lines: (1) bank loan guarantees covering short, medium, and long-term facilities plus leasing operations, enabling SMEs to access credit they could not obtain directly; (2) participatory loans combining debt and equity characteristics; (3) equity and quasi-equity interventions supporting capital increases in regional capital companies; and (4) third-party fund management for public notices, where Gepafin acts as the managing entity and intermediate body for Regione Umbria, handling application review, management, and administration of regional financial programs. Customers include SMEs across virtually all sectors with a registered or operating office in Umbria, third-sector and cultural associations running economic activities, and private individuals seeking housing credit or facing temporary financial hardship.
The go-to-market is institutionally driven rather than commercial: Gepafin reaches customers through direct SME relationships out of Perugia, through its 10 shareholder banks which distribute guarantee and loan products to their regional SME base, and through Regione Umbria's official channels for public program announcements. Revenue derives from guarantee fees, interest on participatory lending, transaction-linked fees on equity/quasi-equity interventions, and professional services compensation for managing third-party regional funds. Pricing is not publicly disclosed, consistent with operation under regulated public programs rather than open-market financial services.
Gepafin firmographics
Firmographics- Name
- Gepafin
- Legal name
- Gepafin S.p.A.
- Website
- https://gepafin.it
- Company type
- Private
- Founded year
- 1987
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Gepafin S.p.A. is the designated regional financial instrument of Regione Umbria, Italy, providing bank loan guarantees, participatory loans, and equity support to SMEs, third-sector organizations, and individuals under mixed public-private ownership since 1987.
- Ownership category
- akta.pro rank
Gepafin industry classification
Industry- Product category
- Regional Development Finance
- NAICS
- Credit Intermediation and Related Activities (522)
- SIC
- Loan Brokers (6163), Short-Term Business Credit Institutions (6153)
- akta.pro primary industry
- SME Business Lending (Term Loans, Lines of Credit, Overdrafts) (FSABABAB)
- akta.pro secondary industries
- SME Relationship Management & Advisory (Credit, Growth, Succession) (FSABABAJ), SME Term Loans & Growth Capital (FSAKAGAB)
Keywords
Where Gepafin is headquartered
LocationHeadquarters
- HQ city
- Perugia
- HQ country
- Italy
- HQ region
- Europe
Offices1 record
Markets served
Gepafin business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales
Revenue model
- Guarantee Issuance: Gepafin issues guarantees on bank loans for SMEs, supporting access to credit for businesses in Umbria region. This includes guarantees on short, medium, and long-term bank facilities and leasing operations.
- Participatory Loans: Provides participatory loans to SMEs, which combine debt and equity characteristics, offering alternative financing for competitive development and investments.
- Equity and Quasi-Equity Investments: Supports capital increases through equity or quasi-equity interventions, serving as an alternative source of capital for capital companies in Umbria.
- Public Fund Management: Acts as managing entity and intermediate body for regional public tenders, handling application review, management, and administration of regional financial interventions.
Go-to-market motion1 record
Distribution channels3 records
Marketing channels3 records
Gepafin product offering
Product offeringCore offering
Gepafin S.p.A. is a regional financial institution in Umbria, Italy, established in 1987, that issues guarantees on bank loans (short, medium, and long-term, including leasing), provides participatory loans to SMEs, supports equity and quasi-equity investments in capital companies, and acts as managing entity and intermediate body for Regione Umbria's public tenders and financial instruments. It serves SMEs, the third sector, and private individuals primarily within the Umbria region.
Product overview
Gepafin is a financial services company (Società Finanziaria della Regione Umbria) established in 1987 with mixed public-private capital. The company operates as a specialized financial instrument serving small and medium enterprises (SMEs) in Umbria region. The core offerings include: (1) Bank loan guarantees (Garanzie su prestiti bancari) - providing guarantees on bank loans for short, medium, and long-term financing as well as leasing operations; (2) Participative loans (Prestiti partecipativi) - direct lending to businesses; (3) Risk capital interventions (Interventi nel capitale di rischio) - equity and quasi-equity investments; (4) Direct loans through public notices (Prestiti diretti) - managing regional public funding programs; and (5) Third-party fund activities - issuing guarantees and managing public funds for private individuals, third sector organizations, and businesses.
Differentiator
Problem solved
Functional benefit
Products and services
- Bank Loan Guarantees (Garanzie su prestiti bancari) Guarantees issued on bank loans to facilitate small and medium enterprise (PMI) access to credit, covering short, medium, and long-term bank facilities as well as leasing operations.
- Participatory Loans (Prestiti partecipativi) Direct lending to SMEs that combines debt and equity characteristics, offering alternative financing for competitive development and investments.
- Equity and Quasi-Equity Investments (Interventi nel capitale di rischio) Equity and quasi-equity capital interventions for capital companies (società di capitale) in Umbria, providing an alternative source of capital for competitive development and investments.
- Direct Loans via Public Notices (Prestiti diretti) Management of regional public tenders and financial instruments on behalf of Regione Umbria, including application review, management, and administration of regional financial interventions through public notices.
- Third-Party Fund Activities (Attività a valere su mezzi di terzi) Issuing guarantees and managing public funds on behalf of third parties, including services targeted at private individuals (housing credit, emergency assistance), third sector organizations, and businesses.
Companies that use Gepafin
Customer profileNamed customers3 records
Segments3 records
Ideal customer profiles3 records
Gepafin technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Gepafin partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core and moderate.
- ANFIR (Associazione Nazionale Finanziarie Regionali)coreANFIR is the national association representing regional financial companies in Italy. Gepafin participates through its President Carmelo Campagna, who was appointed Vice President of ANFIR on June 17, 2022. The association strengthens the role of regional financial instruments in implementing public policies for territorial development.
- Regione UmbriacoreRegione Umbria holds 56% of Gepafin capital (directly or through Sviluppumbria Spa) and designates Gepafin as its primary financial instrument for SME support since 1987. The region entrusts Gepafin with managing public tenders and financial instruments.
- Sviluppumbria SpamoderateSviluppumbria Spa is a regional development company through which Regione Umbria holds a portion of its 56% stake in Gepafin, connecting Gepafin to the broader regional development ecosystem.
Scale indicators2 records
Recent moves4 records
Expansion highlights3 records
Gepafin competitors and assessment
Company assessmentDirect peers
- Finlombarda S.p.A. Lombardy's regional finance company and ANFIR member. Operates the same SME guarantee, loan, and equity playbook as Gepafin but at a larger regional scale, making it the closest large analog for benchmarking.
- Sviluppumbria S.p.A. Umbria's regional development agency and a direct shareholder of Gepafin via Regione Umbria's stake. It operates in the same regional development ecosystem, often coordinating with Gepafin on SME support initiatives in Umbria.
- Friulia S.p.A. Friuli-Venezia Giulia's regional finance company and ANFIR member. Engages in equity investments, guarantees, and SME financing with mixed public-private ownership — a near-mirror of Gepafin's mandate.
- Veneto Sviluppo S.p.A. Veneto's regional development finance company, providing guarantees, subsidized loans, and equity to regional SMEs. Same institutional role as Gepafin within a different Italian region.
- SVILUPPO MARCHE S.r.l. Marche's regional development company, geographically adjacent to Umbria. Provides SME financing, advisory, and public fund management under a similar regional mandate, making it a close neighbor-region peer.
- Finpiemonte S.p.A. Piedmont's regional finance company and ANFIR member, providing guarantees, loans, and equity to SMEs in its region. Directly comparable business model — mixed public-private capital, SME credit intermediation, and public fund management.
Broad incumbents
- Invitalia: Italy's national agency for inward investment and enterprise development. Manages large national SME incentive programs that overlap with Gepafin's regional mandate, representing a significant indirect competitor for SME financing flows.
- Mediocredito Centrale S.p.A. Italian public investment bank and key operator of national SME guarantee instruments (Fondo di Garanzia). Operates at national scale and competes with regional finance companies like Gepafin on guarantee issuance.
- Cassa Depositi e Prestiti (CDP): Italy's state-owned development finance institution. Provides SME financing, guarantees, and regional development capital at national scale, complementing and at times competing with regional finance companies like Gepafin.
Others
- ANFIR – Associazione Nazionale Finanziarie Regionali: National association representing Italy's regional finance companies, of which Gepafin is a member. Useful ecosystem context — peers include nearly all Italian regionali finanziarie.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat3 records
Key risks5 records
Key highlights6 records
Customer concentration
Gepafin social profiles
Digital presenceGepafin financial estimates
Financial estimateRevenue estimate
Valuation estimate
Gepafin leadership team
Management profileNumber of profiles
Profiles10 records
Gepafin funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Gepafin M&A and investment
M&A and investmentM&A
Investments3 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Gepafin
What does Gepafin do?
Gepafin S.p.A. is a regional financial institution in Umbria, Italy, established in 1987, that issues guarantees on bank loans (short, medium, and long-term, including leasing), provides participatory loans to SMEs, supports equity and quasi-equity investments in capital companies, and acts as managing entity and intermediate body for Regione Umbria's public tenders and financial instruments. It serves SMEs, the third sector, and private individuals primarily within the Umbria region.
Is Gepafin a public or private company?
Gepafin is a private company. It is classified as state government owned and is currently operating.
When was Gepafin founded?
Gepafin was founded in 1987. It employs 11 to 50 people.
Where is Gepafin based?
Gepafin is headquartered in Perugia, Italy, in the Europe region.
How does Gepafin make money?
Four revenue lines are on record. Guarantee Issuance is the primary driver. The others are participatory Loans, equity and Quasi-Equity Investments and public Fund Management.
Who are Gepafin's main competitors?
Direct peers on record are Finlombarda S.p.A., Sviluppumbria S.p.A., Friulia S.p.A., Veneto Sviluppo S.p.A., SVILUPPO MARCHE S.r.l. and Finpiemonte S.p.A.. Broad incumbents are Invitalia, Mediocredito Centrale S.p.A. and Cassa Depositi e Prestiti (CDP). ANFIR – Associazione Nazionale Finanziarie Regionali is listed as an others.
Does Gepafin have an API?
No public API is recorded for Gepafin.
What industry is Gepafin in?
Gepafin's product category is Regional Development Finance. Its primary akta.pro industry code is FSABABAB, SME Business Lending (Term Loans, Lines of Credit, Overdrafts), with a secondary code of FSABABAJ, SME Relationship Management & Advisory (Credit, Growth, Succession). Its NAICS code is 522 and its SIC code is 6163.