Loan And Mortgage Information

Chambers of commerce facilitated loans

by admin on 04/12/08 at 5:35 am

Even chambers of commerce are active against the crisis and tight credit.
With 200 million euro are trying to support access to credit trying to strengthen the guarantor.

Thanks to Confidi can obtain a loan guarantee with this consortium.
Their function is to cushion the risks to be incurred for the ‘financial institution to whom the company.
With this system even more companies with financial problems can receive help to recover money from the moment of crisis that is going through.

The money allocated all comes from the same speaker of the chamber of commerce and provide access to about 4 billion Euros of funding.