Archive for the ‘Working Capital’ Category

Redesigned to Ensure Working Capital Finance

While employers are hesitant to bank transfer funds announced by the Executive to strengthen liquidity in the sector, Corfo acknowledge being studied so that these funds reach the business smoothly.

Although the Executive on Monday ordered $ 400 million to open new lines of financing and destined for investment and working capital in small and medium enterprises, thus creating doubts in the industry leaders regarding the actual transfer of these funds to employers.

Respect to the line of working capital involved amounts to U.S. $ 200 million, Carlos Alvarez, executive vice president of Corfo, acknowledges that “it is conceptually analyze what the best formula.”

Alvarez says that this is a new design that is attractive to banks and companies, which could be complemented by the Guarantee Fund for Investment (Fogain).

It is expected that during November, this new line of funding available to entrepreneurs.

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Filed under Finance, Working Capital : Comments (0) : Apr 22nd, 2009