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Findeter launched a credit line for $ 200,000 million to reactivate the economy

The president of the Territorial Development Bank (Findeter), Sandra Gómez Arias, announced the launch of tranche 4 of the Reactivation Commitment credit line, for $ 200,000 million, aimed at territorial entities and companies of the public and private sectors in the financing of projects and activities that promote economic reactivation.

“With the support of the National Government and the Ministry of Finance, we are allocating resources with competitive financial conditions, so that all sectors of the economy can leverage their projects and contribute to the economic reactivation,” said the president of Findeter.

It is a rediscount credit line, that is, those interested in accessing the resources must process the credit operation through a financial intermediary.

With the credits, projects in sectors such as energy development, ICTs, health, transportation, education, housing and urban development, water and basic sanitation, tourism, creative and cultural industries, and the environment can be financed.

The resources may be used for working capital, debt substitution or investment and Findeter offers terms of up to five years with up to two years of grace period for capital and rediscount rates from IBR + 1.9% MV

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