“This credit line for SMEs is the product of a meticulous joint work that we have been carrying out with the Secretariat of Small and Medium Enterprises, and Entrepreneurs (Sepyme),” he told Telam the president of the Leasing Association of Argentina (ALA), Nicolás Scioli.
The ALA head clarified that these credits for SMEs will allow “to make available a tool that deepens investment through leasing”.
For the head of Sepyme, Guillermo Merediz, the “strategy of the Ministry of Productive Development is to take advantage of one of the financial tools par excellence for the development of SMEs in Argentina, as in the rest of the world.”
“In addition to the operating, financial and tax benefits that borrowing companies obtain, it provides the traceability that allows us to direct the financing to the capital goods and the specific activities that we need to reach.” the official added.
The entities that will make the lines of credit available via leasing, with a maximum quota of $1,000 million each, are Comafi, Galicia, BBVA, Supervielle, BICE, Itaú, Macro, ICBC, Toyota Compañía Financiera, Industrial, HSBC, Patagonia and Town.
For its part, Provincia Leasing will have a quota of $250 million and Leasing Argentino SA will add another $100 million.
The financing terms will start with 27 months and will extend up to 64 months, while the validity of the offer to the beneficiaries will expire in 180 days or until the amount allocated to the operation is exhausted.
Beneficiaries of the leasing operations may be micro, small and medium-sized companies that have a valid MiPyME certificate and carry out a productive investment project.
Source: Ambito
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