They Lend up to $60 Million to Producers: What Is the Rate, Funding Time, and Conditions?

The Ministry of Production, in conjunction with the Banco del Chubut, presented the new loan line called “Origin Chubut”, aimed at producers that are aligned with the provincial quality seal. The new funding line includes a cap of 60 million pesos for the recomposition of working capital, with a preferential fixed rate of 35 % (TNA). The maximum funding period is 3 years, providing accessible conditions to strengthen investment in the productive…

Based on the political decision of the governor of the province, Ignacio “Nacho” Torres to promote the productive development of the province, the Ministry of Production in conjunction with the Banco del Chubut presented the new line of loans called “Origin Chubut”. The presentation was made at the facilities of the Ministry of Production in Rawson with the participation of the minister of the Laura Mirantes area; the president of the Bank, Paul…