Working Capital Loan Facility Activated for Export Companies
The Spanish Export Credit Agency (CESCE) has activated an insurance cover facility for working capital loans of up to €2 billion for internationalized Spanish companies (regular exporters whose foreign customers account for at least 33% of company turnover) that have been affected by Covid-19.
This economic and financial support facility must be arranged through a bank and covers both international and national financing needs related to supplying assets, rendering services or any other need specified by these companies.
Read full article: https://www.felac.com/abierta-la-linea-de-creditos-de-circulante-para-empresas-exportadoras/
