In this way, progress is being made in strengthening the capacity to financially support more SMEs in all the country’s productive sectors.
The growth is not only verified in the increase in the investment fund but also in the extension of the financing terms, which went from an average of 20 months in 2021 to 45 months this year.
“This increase in the terms implies that the taking of credits is focused on specific lines of investment. Extending these terms is a key indicator when evaluating productive financing for SMEs”, affirmed the president of Guarantee, Gabriel Gonzalez.
Guarantee plays a strategic role for Argentine SMEs, by facilitating access to financing in better conditions, with the support it obtains from its risk fund in which individuals and legal entities invest.
“The benefits of investing in this fund are not only reduced to its profitability, but also help the protective partners to develop their value chain and increase their productivity”concludes the statement.
Source: Ambito
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