Unicaja and Garántia renew their collaboration and allocate 160 million in loans to finance SMEs and the self-employed

SEVILLE, 10 (EUROPA PRESS)

Unicaja and Garántia, the Andalusian Association of Guarantees and Guarantees, have renewed the financial cooperation agreement they have had for six years and through which 160 million euros have been allocated to finance with guarantees for small and medium-sized companies (SMEs) and Self employed Andalusian.

The agreement, signed by the CEO of Unicaja, Isidro Rubiales, and the president of Garántia SGR, Javier González de Lara, aims to “contribute to the promotion of the activities of SMEs and self-employed people”, as explained with the entity. bank in a press release.

These financing lines are intended for credit operations that are formalized in a year from the signing of the agreement, with “unusual” terms of terms and interest rates, with a co-guarantee from the Andalusian guarantee company. SMEs and the self-employed can benefit from these financing lines, backed by a guarantee, regardless of their legal form.

Through this agreement, Unicaja offers a financing offer to SMEs in Andalusia and self-employed people with the aim of promoting business enterprise and contributing to the creation of employment and the maintenance of jobs.

This commitment by Unicaja to SMEs and the self-employed is part of its activity as a financial group “focused on the retail and neighborhood banking industry”, which plays a role in “promoting territorial development” . The company, in general, and SME and self-employed people, in particular, is still one of the “main” goals in the financing policy of the banking entity.

Garántia SGR, as a guarantee company, has a main objective “to promote the activity of the Andalusian economy and companies.” With 40 years of presence in Andalusia, it has offices in the eight regions and a team of 80 employees. It also works through the website ‘www.sgrgarantia.es’.

In addition, it is the first guarantee company in Spain in financing self-employed and new companies and in financing the agri-food sector, and it is the second nationally in number of partners, with 25,500, and the third in life risk, with 880. million.