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Finance proposes to entrepreneurs in Mazarrón new investments with loans guaranteed by the Community (08/08/2016)

The Minister of Finance and Public Administration, Andrés Carrillo, encouraged today to entrepreneurs Mazarrón to make new investments, using loans guaranteed by the Institute of Credit and Finance of the Region of Murcia (ICREF), at a meeting attended also the mayor of this municipality, Alicia Jimenez.

Carrillo conveyed that "the regional government the most important is employment, which will increase more and more and thus the GDP of the Region of Murcia".

Thus, the counselor informed them of the actions that are being implemented, such as the agreement with seven financial institutions to grant 50 million euros in loans arranged under the program EIB financing ICO, "whose investments or ownership you are in the region, "he said.

These credit operations are backed by 50 percent by the ICREF, "allowing us to reach those entrepreneurs who have more financing difficulties due to lack of guarantees," said Carrillo, adding that they are "investments that contribute to the creation of new jobs, one of the main objectives of the government ".

Loans that are included in this line of guarantees of ICREF may be a maximum of 1.5 million euros and a term of up to 10 years.

However, the average transaction is estimated receivables stood at 70,000 euros to seven years and an interest rate around 3.3 percent.

Also, this credit line of 50 million euros may be extended in the event that was consumed before the end of 2017. Companies wishing to access these loans, through the support of the community, not need to provide any kind of mortgage, and they shall be provided within 24 hours.

Source: CARM

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UNE-EN ISO 9001:2000 - ER-0131/2006 Región de Murcia
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