"Foster Our Own" Program Finances Viable Projects

©image: Lakshmi Prabhala

Small and medium businesses with viable projects will be able to request financing from state owned banks "Banco Nacional", "Banco de Costa Rica", "Banco Popular" and "Banco Nacional de Costa Rica".

"The loaner can supply mortgage, pledge or fiduciary guarantee" reports Elfinanciero.co.cr. "If he lacks enough guarantee, the National Development Trust (Finade) can back up to 75% of the loan".

Source: elfinancierocr.com

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