He Ministry of Tourism and Sports of the Nation and the Bank of the Argentine Nation announced the credit line extension destined to micro, small, medium and large tourism companies. The objective is to provide more and better resources to the sector to contribute to its development at the federal level.
“Through this joint initiative with the BNA we continue to strengthen a sector that is undoubtedly consolidating as protagonist of the economic reactivation of our country. We bet that more and more tourist companies can grow, develop new projects and continue generating employment at the federal level“said the Minister of Tourism and Sports of the Nation, Matthias Lammensduring the act.
“This financial assistancein very advantageous conditions, is very important because near the 10% of the country’s GDP is directly or indirectly linked to tourism. and therefore generates a fundamental contribution to the productive reactivation of Argentinaadded the president of the BNA, Silvina Batakiswho -in addition- claimed the operation of public banks and the role of the State to deepen growth and development in the country.
Also present was the Undersecretary of Strategic Development, Eugenia Benedettiand representatives of the Gastronomic Hotel Business Federation of the Argentine Republic (FEHGRA), of the Argentine Association of Organizers and Suppliers of Exhibitions, Congresses, Events and Convention Bureaus (OCA) and the Association of Hotels, Restaurants, Sweet Shops and Cafés (AHRCC).
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Press – Tourism and Sports Nation
Credits for tourist companies: who can apply
Those companies that carry out a activity related to the tourism sector (gastronomy, accommodation, travel agencies, excursions, etc.) and present strategic investment projects for the acquisition of capital goods, including vehicles and boats, and/or the construction or adaptation of facilities. In addition, up to one twenty% of the amount of credit granted for finance working capital associated with investment.
The projects must consider the employment generationincorporation of technology, gender perspective, local and/or regional impactBesides of environmental care and/or the use of renewable energy.
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Ministry of Tourism and Sports
It is worth mentioning that it will be financed until 100% of the project presented and the total quota of the line is $25 billion.
- Important: to access the credit, you must previously process the Certificate of Eligibility from the Ministry of Tourism and Sports of the Nationwhich is not binding for the purposes of granting credit by the Bank.
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Depositphotos
How to apply for a loan?
- Download this investment form and complete it.
- Enter TAD (Remote Procedures).
- Upload the complete “Investment Form”.
- He Ministry of Tourism and Sports of the Nation will evaluate the application. If approved, you will receive your certificate of eligibility by TAD.
- Once eligibility is approved, enter the page of the National Bank and ask for a face-to-face appointment. They will guide you to process the credit.
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Ministry of Tourism and Sports
How long can I apply for a loan?
You have time to apply for a loan until December 31, 2023 or until the total quota of the line is exhausted.
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Depositphotos
return period
With a minimum amount to request from $100 millionhe credit repayment term will be up five yearsincluding the grace period of up to one year. It should be noted that the Ministry of Tourism and Sports of the Nation bonus 17 ppp of the interest rate during all the credit term.
During the first edition, from the Ministry Investment projects were approved for a total amount of $13.3 billionlocated in 13 provinces. 81% corresponds to accommodations10% to gastronomy6% to tourist transport and the remaining 3% to car rentals.
Source: Ambito
