$10 Million for SMEs of the Region

Costa Rican, Guatemalan and Panamanian SMEs will be able to tap a $10 million fund by Scotia Leasing, for financing projects.

Thursday, July 16, 2009


Some 100 small and medium companies will benefit from the financing made available by Scotia Leasing Costa Rica, Scotia Leasing Guatemala and Scotia Leasing Panamá. The funds were provided for loan by the Interamerican Investment Corporation (IIC).

"For Carlos Ortiz, regional director of Scotia Leasing, the main advantages of the loans are their fixed rate conditions and their 5 year term, as well as the relevance of the company in the regional market", stated Nacion.com.

More on this topic

IIC Lends $20 Million to BAC El Salvador

July 2010

It is estimated that approximately 300 SMEs will benefit from this operation.

On July 20, 2010, the Inter-American Investment Corporation (IIC) approved a loan of up to US$20 million to El Salvador’s Banco de América Central S.A.

With this project, the IIC aims to provide BAC ES with medium-term funding on appropriate terms for channeling funds to eligible projects in El Salvador.

$26.8 Million For Small and Medium Businesses in Nicaragua

July 2009

With the fund provided by the Inter-American Development Bank (BID, acronym in Spanish), 29 projects will be executed for small and medium businesses.

The Multilateral Investment Fund (FOMIN, acronym in Spanish) is the organization in charge of executing the business initiatives.

Multibank Gets $ 6 million Loan

November 2010

The IIC financing will create effective mechanisms to channel credits to SMEs in Panama.

The Inter-American Investment Corporation (IIC) approved a loan of up to $ 6 million to Multibank, Inc. for the financing of SMEs in Panama by leasing and factoring, working capital and housing for Panamanian citizens.

$20 Million for Small and Medium Sized Panamanian Enterprises

August 2010

The Inter-American Investment Corporation (IIC) has authorized a credit line to BBVA Panamá with the aim of giving SMEs access to finance.

The credit line seeks to make funds available to small and medium sized Panamanian companies, to help cover their operating costs and includes finance for working capital and revolving credit lines. This is the IIC’s second operation with BBVA Panamá.

 close (x)

Receive more news about Banking

Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.

Type in your e-mail address:

* Al suscribirse, estará aceptando los terminos y condiciones

CSI Leasing de Centroamérica

Organization that operates in Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama.
Phone: (506) 2201 9915

Company Profile

Stock Indexes

(Oct 21)
Dow Jones
S&P 500


(Oct 21)
Brent Crude Oil
Coffee "C"