Gov't to provide guarantees to ease terms of commercial loans under SME Factor

Small and medium-sized enterprises will qualify for guarantees to fund commercial loans, with a guarantee scheme to be accessible throughout December 31, 2020, according to the National SME Credit Guarantee Fund (FNGCIMM).Thus, SME Factor programme beneficiaries will be able to obtain from the banks that have signed up for the programme factoring type financing granted on the basis of commercial invoices and guaranteed by the state. They will be supported by a ...

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