Spanish-Guatemalan Companies to Have Financing

Cofidis Spanish finance company will provide $25 million in financing for Spanish companies with Guatemalan capital.

Tuesday, May 26, 2009

Rafael Briz Méndez, president of the Spanish Chamber of Commerce of Guatemala (CAMACOES), reported that this line of financing is also extended to joint venture companies.

"The projects that are eligible are those that have direct Spanish investment, exports from Spain, long-term technology transfers, plant operation by Iberian companies, subcontracting or franchising, among others," Rafael Briz told Prensalibre.com.

More on this topic

Honduras: $8 million for Banco de Occidente

December 2008

The funds will be used to finance agriculture, the environment, housing construction and for the municipalities in the country.

The loan, grated by the Central America Bank for Economic Integration (BCIE), was approved from the beginning of this year by Western Bank in order to facilitate the development of the sectors, indicated company president, Jorge Bueso.

$64 million for Small and medium size companies in Guatemala

December 2008

The Spanish Financing Company for Development (Cofides) will provide $64.4 million (51 million euros) to finance local companies.

Some 15 companies met yesterday with representatives of Cofides, hoping to get financing for their projects; these include the Digitex call center, Automercantil Vehicle Imports, the Municipality of Guatemala, two companies from free zones, a food packaging company and an assembly company.

IDB to help Nicaragua restore credit flow to the productive sector

October 2009

A $20 million credit line will channel funds to the financial system for onlending to micro-, small-, and mid-sized productive enterprises

The Inter-American Development Bank approved a $20 million credit line to help the continuity of the flow of credit to Nicaraguan enterprises that have been affected by the international financial crisis.

Costa Rica to expand San José international airport with IDB assistance

December 2009

Terminal's operator will use $45 million loan to refinance debt, carry out key infrastructure and service improvements

The Inter-American Development Bank approved a $45 million long-term loan to help finance the expansion of the Juan Santamaría International Airport in San José, Costa Rica, and support its new operator's plans to refinance debt.


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