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Hall and Sabadell CAM collaborate in financing entrepreneurs (07/04/2015)

The mayor and the area manager of the company on Tuesday signed an agreement to help SMEs and autonomous municipality to start viable projects to be guaranteed by the Local Development Agency and Employment

Small and medium enterprises and self-employed who want to engage in Cartagena, will be assisted in the financing and implementation of their projects, thanks to the collaboration agreement signed Tuesday at the Palace Hall Mayor, Pilar Barreiro, on behalf of the City, and the area manager CAM bank Sabadell, José María à Alvarez, on behalf of the entity.

Thus, the Agency for Local Development and Employment will select from among the business projects that come and safeguard those that are viable and will contact these entrepreneurs with Sabadell CAM, which is responsible for funding the start of its activity being channeling the central office on Main Street.

While the agreement does not set any maximum for project funding amount, he Alvarez noted that the average amount is around 6000 euros, and as to the conditions of the loan market, 5.75.

The mayor stressed both the work of the organization, with projects such as microcredit, as the work of the ALDE, always on the line to promote self-employment and entrepreneurship.

In the last four years have made ​​10,400 performances from the Agency and created 173 companies, 61 of which have come to light in the last year.

A journalists' questions, Pilar Barreiro has referred to the importance of the arrival of the AVE for tourism in Cartagena.

Source: Ayuntamiento de Cartagena

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