Companies and SMEs in Río Negro will have loans for $3,300 million

The government of Río Negro announced a line of loans for SMEs and companies with soft rates for 3300 million pesos through the Federal Investment Council (CFI). “We must accompany, essentially, those who build the Río Negro every day, which is the private sector,” said Governor Alberto Weretilneck.

The Federal Investment Council (CFI) and the government of Río Negro announced a series of tools for provincial development, aimed at the productive sector of the province, small and medium commerce, fruit growing, tourism and mining. In addition to credits, a line of guarantees for SMEs that the CFI will grant was presented, for an amount greater than one billion pesos.

In dialogue with the press, Weretilneck explained that these are projects aimed at promoting job creation and “essentially accompanying those who build the Río Negro every day, which is the private sector, which are our merchants, our SMEs, our entrepreneurs, who need the State to help more than it does in this framework.”

He CFI is a federal institution of the provincesBy which The provinces contribute part of the co-participation and that money is then distributed in certain actions. The governor explained that there are credits of up to 120 million pesos per company, according to what the province needs, and, on the other hand, the presentation of a guarantee fund that allows solving problems that companies may have when financing themselves with a project.

From the organization it was highlighted that the limit of 3300 million pesos for the program could be expanded. Once the figure is reached, the implementation of the credits, the level of payment and which sectors could take advantage of an expansion of the plan will be evaluated.

The mayor of the city, Rodrigo Butelerhighlighted the credit plan and stated: “Cipolletti grows hand in hand with its companies and SMEs and today there is good news with 3.3 million pesos of credits for our economic sector at really competitive rates. Between the public and private sectors We have the challenge of making Cipolletti the city of light of the Alto Valle“.

Credits and works

Weretilneck assured that “the projects for two bridges that the province needs are currently being developed, financing the projects that have to do with electrical infrastructure, with areas at risk and with strengthening the tourist productive sector. They are projects that cost a lot of money and that need of specific consultancies,” the president explained.

“Río Negro is a province that is sustained through the efforts of the merchant, the small and medium producer, the entrepreneur.. And we believe that today the traditional financial system, due to its own regulations, does not accompany this effort of this entire productive and economic sector of the province.”

The president highlighted the need to “give a different guarantee, financing the first exports or the incorporation of technologies is very important to accompany those who build Río Negro every day, which is the private sector.”

Weretilneck recalled that Río Negro has a loss of Nation resources that is close to 59,000 million pesos. “This means that we also have to be much more efficient in spending and we have to take much better care of our resources. But within this we also have to be creative and we have to, for example, propose new tools for our economic-productive sector so that a greater number of companies can establish themselves.”