A unique line of credit to provide financial support to young people’s ventures and other entrepreneurs’ willing to generate new services and innovative products that promote employment and dynamize our economy through the increase of the business park.
Who can apply?
Natural persons; Micro and Small entrepreneurs that meet the following requirements:
- Risk rating in the Financial System according to the Bank’s credit policy
- New companies or companies with less than 2 years of existence
- Present a feasible and preferably innovative business proposal
- Have a solid business plan, validated by an Entrepreneurs Training Institution.
What benefits can you obtain?
- Financial support
- Debt insurance (includes life component)
- Personalized advice
- Different types of guarantee: Guarantor, Salvadoran Guarantee Fund (SGF), pledge, or Mortgage.
How can you invest the funds?
- Machinery and equipment.
- Working capital.
