With the aim of continuing to accompany small and medium-sized businesses (SMEs), Galicia launches the second edition of PYMEntón, a campaign that provides the best rates of financing, with amounts of up to $300 million without presenting a balance sheet. In September, The program financed more than 11 thousand SMEs, 25% more than the same month last year and 35% more than at the beginning of 2024, consolidating Galicia as a reference in the financing of the sector.
According to data from the Argentine Chamber of Medium Enterprises (CAME), within the framework of a challenging context, marked by the fall in consumption, The confidence index of SME entrepreneurs increased by 4.9% compared to the same month last year, and has been growing for the tenth consecutive month. Furthermore, industrial production shows a monthly increase of 3.7% after months of decline, signaling a rebound in productive activity.
Aware that SMEs generate employment for more than 75% of workers, constitute more than 90% of the business fabric and connect communities throughout the country, Galicia provides digital tools and constant attention to strengthen the sector. PYMEntón is betting that, this end of the year, SMEs can take care of the most important thing in their business: their employees.
PYMEntón benefits
Among its main benefits, PYMEntón allows, for each employee who receives their salary in Galicia, lSmall and medium-sized businesses will be able to receive up to $30 million and take advantage of the excellent financing rates to accompany them with the payment of bonuses.
In addition, Businesses that choose Galicia and start charging with Nave will have access to their new Nave Point collection terminal, without maintenance cost and collect your sales with the lowest commission on the market with immediate credit. Also, the business will be able to accept payments from all wallets.
At the same time, SMEs that choose Galicia and start charging with Nave will be able to offer 3 interest-free installments on Saturdays in December.
In particular, for industrial SMEs seeking to add employees, diversify products or invest in machinery, The bank has long-term credit lines and low rates, designed for projects that require stability in a context of variable demand.
On the other hand, so that businesses can cope with the volatility of consumption that directly impacts their income month after month, Galicia launched the innovative “Préstamo A Tu Ritmo”, a flexible alternative that adjusts installments according to monthly income, allowing each business manage its cash flow more freely.
Galicia, an ally of SMEs
In this way, through financing solutions and specialized advice, Galicia becomes a strategic ally, which seeks to understand the reality of each SME, accompanying them as they project their long-term growth and providing specialized advice and comprehensive support to get on track. towards a more promising 2025.
In this regard, Santiago García del RíoBusiness and SMEs Manager of Banco Galicia, explained: “We choose to accompany SMEs throughout the year with different campaigns, understanding the needs of each month. For Galicia, SMEs are the driving force of the economy: they represent more than 70% of employment and more than 90% of companies”.
In that sense, he highlighted the social role that the bank plays: “More than 20% of SMEs operate with Galicia every month. If SMEs represent such a volume of reality in the Argentine economy and more than 20% operate with us, we have to do everything possible to accompany them.”
“The important thing about this is that all SMEs live a different reality. With this campaign, we seek to come up with a solution for each of these realities and not provide something massive for everyone, but rather provide different solutions to each one, knowing our clients,” García del Río added.
At the same time, the Business and SMEs Manager of Banco Galicia commented that the objective is “to be allies in the growth of SMEs in Argentina.” “If 70% of the people in Argentina work in SMEs, it obviously has an impact on the entire economy. It is about continuing to know our clients, continuing to provide tailored solutions, always with this idea of being simple and solving problems,” broad.
And he concluded: “The SME businessman has to be thinking about how to generate business and manage his businesses and not manage his accounts or his banks. This of being able to operate wherever you want and whenever you want, in a virtual, digital way.”
In a transition context, where credit to the private sector is at a key moment, beginning to show signs of recomposition, In Galicia, SME credit is already growing. To support the growth of each company according to its reality, Galicia offers financing solutions that adapt to the needs of each sector.
Source: Ambito
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