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The ADLE signs an agreement with Caja Rural to promote the financing of entrepreneurs (14/06/2019)

The Agency for Local Development and Employment of Cartagena has signed an agreement with the Caja Rural Central on Friday, June 14, which will allow entrepreneurs to obtain financing for their business projects.

One of the conditions for accessing the credit lines will be that the applicants have completed an ADLE entrepreneurship itinerary such as the one currently underway of the Entrepreneur Generation Program.

The agreement was approved in the ADLE Governing Council that took place on May 16, 2019 with the unanimity of all political parties.

This establishes preferential access for companies and independent professionals that the ADLE considers to the Visionarios program of the Caja Rural Central.

The program establishes several lines to cover the financial needs of self-employment projects in hotels and commerce with a maximum limit of 35,000 euros and other business projects sponsored by entrepreneurs who have been supervised by the ADLE and with a ceiling of 60,000 euros.

To access this last line of credit, a feasibility plan must be presented by the Local Development and Employment Agency.

Likewise, a financing line of 60,000 euros is also established for projects designed by Technology-based Innovative Companies that are related to the Internet, social networks or apps development.

These companies will have access to a grace period in the repayment of the loan between 12 and 24 months.

The agreement also includes access by entrepreneurs and on advantageous terms to other financial products of Caja Rural Central.

Source: Ayuntamiento de Cartagena

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