CEC Bank and Eximbank want to “unfroze” the loans

The state has decided to increase the capital of the CEC Bank with 900 million lei and Eximbank and the Guarantee Loans for SMEs want to fully ensure the loans for small business offered by commercial banks in order to relaunch the process of financing for SMEs .

The trend to generate new products for small and medium enterprises is a reason of joy for companies. These loans are specially offered to finance current business, not for major investments in such cases banks preferring to maintain a strict control.

These loans are coming to meet the needs of small business owners. For this reason the loans offered without any material guarantee provides, first of all, the advantage of obtaining the necessary amounts of a good management of current payments. Most entrepreneurs who are facing difficulties in this regard have available funds for short term expenses. The cost to access such a product bank is similar with the one of a normal credit.

The state has decided to increase the capital of the CEC Bank with 900 million lei and Eximbank and the Guarantee Loans for SMEs want to fully ensure the loans for small business offered by commercial banks in order to relaunch the process of financing for SMEs .

The trend to generate new products for small and medium enterprises is a reason of joy for companies. These loans are specially offered to finance current business, not for major investments in such cases banks preferring to maintain a strict control.

These loans are coming to meet the needs of small business owners. For this reason the loans offered without any material guarantee provides, first of all, the advantage of obtaining the necessary amounts of a good management of current payments. Most entrepreneurs who are facing difficulties in this regard have available funds for short term expenses. The cost to access such a product bank is similar with the one of a normal credit.