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In order to consolidate the economic recovery and the current relief for the micro, small and medium-sized enterprises of Medellín and its municipalities affected by the new coronavirus pandemic, the municipal administration has presented Medellín Responde, a strategy that It includes two lines of credit and a line of guarantees for $ 70,000 million.
This financial strategy is supported by Bancóldex, CFA Cooperativa Financiera and the National Guarantee Fund.
“Important news for the production sector. This is the first line launched by the city of Medellín of credit support for the manufacturing sector, it is for $ 70,000 million and has been agreed with the manufacturing sector. This will benefit gyms, hotel shops, micro-enterprises in general, ”said the mayor of Medellín, Daniel Quintero Calle.
Medellín Responde is based on two lines of credit: one of the same name for $ 7.5 billion, preferential rates, a 6-month grace period, and amounts ranging from $ 5 to $ 120 million. The second, Medellín Cuida Mi Negocios, focused solely on the textile and manufacturing sector, with assets of $ 3,700 million, grace periods of up to 12 months and credits ranging from $ 1 million to $ 50 million, depending on the size of the business. ‘organization.
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In addition to this, there is the United for Medellín guarantee line with an investment of $ 57,000 million to support loans of up to $ 4,400 million. Loans requested through this line will have grace periods of 12 months, preferential rates and a 95% subsidy for the payment of the commission to the Guarantee Fund.
For his part, the Secretary of Economic Development of Medellín, Alejandro Arias García, has assured that these resources will be injected “into dozens of restaurants, bars, hotels, gyms and the rest of the companies that have been affected by this emergency, with advantages and guarantees according to your needs “.
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Therefore, this financing strategy requires MSMEs to be able to cover the costs of rent, raw materials, supplies, salaries and other operating costs.
To receive advice, businessmen and entrepreneurs can contact the Banco de las Oportunidades on telephones 3855555, extensions 7353, 4046 or 5098. And via Whatsapp 3044653088, or enter www.medellindigital.gov.co/medellinresponde
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