FOGAPE supplies SMEs with guarantees until end of 2011
The Guarantee Fund for Small Business (FOGAPE) has awarded a total of CLF 7,772,000 (US$334 million) to encourage the financing of the production sector.
The Guarantee Fund for Small Business (FOGAPE) has awarded a total of CLF 7,772,000 (US$334 million) to encourage the financing of the production sector.
Chilean-based Factorline has announced that the SVS paid capital of the company rose 47 per cent to US$55.15 billion.
Chile's National Association of Factoring Companies (ANFAC), which brings together the ten largest non-bank firms in this sector, has revealed that during the first half of 2011 these companies held total loans of over USD$890 million in equity financing for SMEs.