Finanziamenti ai clienti Food Service

Cofincaf grants loans to customers in the Lavazza Group's Food Service sector (bars/cafés, hotels, restaurants, etc.); these loans can be of two types: “interest-free” and “interest-bearing”. They are regulated by special agreements entered into with Luigi Lavazza S.p.A.
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For both types, the amount of the loan is conditional to the commercial interest, the reasons for requesting the loan, the customer's repayment capacity and their financial situation. The duration of the loan must not exceed that of the Lavazza supply contract.

Interest-free loans

In the case of "zero-rate" loans, the amount of the loan is proportionate to the amount of Lavazza coffee that the customer undertakes to purchase and the duration of the supply. Two forms of contract are envisaged:

repayment of the capital borrowed in constant monthly instalments; the interest is paid by Luigi Lavazza S.p.A.;
repayment of the capital borrowed in annual instalments amortised with the discounts granted to the customer, agreed in the applicable Lavazza coffee supply contract and paid directly to Cofincaf by Lavazza as authorised by the customer.

Interest-bearing loans

In the case of “interest-bearing” loans, the loan instalments are constant, consisting of decreasing capital and interest, and are repaid monthly by the customer.