The Economic Column by Omar Emin / Credits for SMEs and Monotributistas

by time news

2023-06-25 02:10:35

Monotributistas will be able to access financing for up to $2.2 million for investments, through the CreAr Argentine Credit line for micro-enterprises, according to the Ministry of Economy. The National Government aims to reach 1,300,000 people to enhance the entrepreneurial profile and promote Argentine growth, says official information.

The CreAr line for productive microenterprises allocates up to $2.2 million per credit to monotributistas throughout the country to finance the purchase of equipment, tools and other productive needs. The loans are aimed at all categories except the highest (I, J, K) and will have a term of 24 months with a fixed rate throughout the credit and a bonus of 40 points from the Argentine Guarantee Fund (FONDEP).

In addition, they have 100% backing from the Argentine Guarantee Fund (FOGAR), which means that the loans will not be evaluated by financial institutions.

SMEs can take advantage of the lines of credit announced by the Government for monotributistas. Public and private banks throughout the country are already joining the line, which will be available in the coming days, in some cases to request online, at each taxpayer’s financial institutions.

The CreAr financing scheme promotes that the entire productive network, from a micro-enterprise to an exporting SME, can access financing with subsidized rates and guarantees from the National State to maintain the level of activity, boost industrial exports, generate quality employment and promote the transformation of the productive structure.

The program includes lines with public banks, such as BNA, Banco Argentino de Desarrollo BICE and provincial banks, private banks, direct loans from FONDEP, and lines specially designed for MiPYMEs, medium and large companies, import substitution, strategic sectors, expansion of exports , or acquisition of capital goods through leasing, among others.

Fuente: iProfesional.com

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