May 2022
Solution Bank provides a loan assisted by the Guarantee Fund to Gruppo Shop Srl.
Gruppo Shop was established in 2011 and conducts its sales activities through online listings on the most popular social networks and telesales on the main Italian television stations. Products currently marketed include relaxation armchairs and medical/electromedical devices such as footrests and keypads that enable independent nonpharmacological treatments. Multifunctional devices perform magnetotherapy, ultrasound therapy, and low-intensity lasers.
Shop Group, in light of the opportunities provided by the current temporary framework, has applied for financing aimed at supporting business development and supporting corporate liquidity.
The financial resources will be used for new marketing initiatives and to start marketing additional product lines.