Over 300 small and medium companies supported by Guarantees Fund
Over 300 Small and Medium companies who didn't have a forfeit and couldn't take loans wewre supported by the Grant Company. The project that is managed by ODIMM comes to encourage the economic agents who want to initiate and develop an affair or don't have enough money to start it. Igor Petrea opened a furniture workshop five years ago and took a loan.
"I needed 500 thousand lei. ODIMM offered a 505 guarantee. ODIMM said they will return the money to the bank in case I won't be able to do so", said Igor Petrea, economic agent.
Due to the Fund of Guarantees and Loans, the country offers guarantee worth 80%.
The guarantee request is sent to the ODIMM representatives and examined by them in three days. The state offered over 11 million lei as guarantees.
"The state will develop new economic entities and helps creating new jobs", said Iulia Costin, the general secretary of the Ministry of Economy.
During 11 years of activity, ODIMM, who manage the Guarantees Fund of the Loans, guarantees worth 92 million lei were offered. So, the Small and Medium companies collected credits worth over 275 million lei.