CABEI and Financiera G & T Continental Costa Rica S.A. sign a credit line for US $2.0 million dollars
The funds will go to the support the productive sectors, small and medium-sized enterprises (MSMEs) in Costa Rica.
San Jose, November 3, 2014 -The Central American Bank for Economic Integration (CABEI), has reached an agreement with Financiera G & T Continental Costa Rica to launch a global line of credit for micro, small and medium-sized enterprises (MSMEs).
This line of credit, will allow the entity to facilitate financing on advantageous terms to companies that have launched projects of productive investment as well as the efficient channeling of resources to the handling of MSMEs and thus promoting productive sectors of the country.
The agreement is a further step in CABEI’s commitment of MSMEs financing. CABEI’s global line of credit for Financiera G & T Continental Costa Rica S.A. is for an amount of US $2.0 million, resources which would be available to assist MSMEs and strengthen business activity, contributing to the generation of employment.
