The Tala loan app provides an alternative way to get short-term loans, that doesn’t involve complex procedures that are in use by banks and other lending institutions.
In these tough economic times where banks have increased interest rates that make it harder to get unsecured loans, a simpler way to get a loan is heaven-sent. The Tala loan app provides an alternative way to get short-term loans, that doesn’t involve complex procedures that are in use by banks and other lending institutions. Here, you don’t need a guarantor, security, or a good credit rating. Besides, the loan is instant, unlike other institutions where you would have to wait a minimum of 30 days. If you need a loan from Tala, you have to download the app first. This Tala loan app download guide will help you to install the app on your device.
The Inter-American Development Bank has granted a loan that will be used to finance energy efficiency projects for small and medium-sized companies.
The funds for this loan come from the Green Climate Fund (GCF) and will be executed by the Development Bank of El Salvador (BANDESAL). The objective of the financing granted is to support the efforts being made by SMEs in El Salvador to reduce electricity consumption and limit greenhouse gas emissions, reported the Inter-American Development Bank (IDB).
In El Salvador every week at least two companies report that they intend to close down due to the impact of extortion, a problem that, far from being resolved, seems to be getting worse every year.
Representatives from the Chamber of Commerce and Industry of El Salvador (Camarasal), said that the country's employers do not see any significant improvement in the security climate, following the six month extension last April of the extraordinary measures of the Sánchez Cerén administration to try to control crime and insecurity.
Up to seven months is the length of delay in the Salvadoran state making payments to companies that provide goods and services, which particularly affects creditor SMEs.
The figure was confirmed by the Technical Secretary of the Presidency, Roberto Lorenzana, who noted that"...That [the situation] is being resolved and we are confident that will obligations this year will be resolved.Its more or less [that amount], the figure changes ... it changes every day because every day there are payments ... "
The most vulnerable to extortion are small and medium enterprises, which employ half of the economically active population.
From the executive summary of a study by Fusades:
In El Salvador, the crime of extortion has become one of the main problems affecting the work and economic activity of enterprises in recent years. Results from the Business Dynamics Survey conducted by FUSADES since 1991, consistently show that micro and small enterprises (MSEs) are more vulnerable to this crime than medium and large ones.
In Costa Rica a law has been proposed that would benefit tourism businesses suffering from financial problems - caused by the 2008 crisis!! -, readjusting their debts and repurchasing and returning their lost assets.
EDITORIAL
Beyond the dark aspects of the bill - among them that it is not known who the beneficiaries are - its purpose seems rude and unfair to entrepreneurs who managed to overcome the crisis of the last decade through proper management and undoubtedly a lot of sacrifice, and who today have healthy companies.
The plan proposed by the Ministry of Tourism includes amending tourism land use, improving the promotion of the sector and implementing training programs for companies.
EDITORIAL NOTE: The text of the Plan is not available online.
The Commercial Office of Central America CATO has a website where Central American companies can promote their products to export to the Asian island.
With the aim of promoting Central American SMEs and boosting Taiwanese investment, the Commercial Office of Central America together with the Embassy of Honduras in Taiwan has inaugurated the website www.cato.com.tw , which allows entrepreneurs in the region to showcase their products in the Taiwanese market.
Firms interested in providing the service must submit their application electronically, complying with the technical requirements established, such as delivery time, quality and other things.
From November 5 applications will be received from companies or individuals who are interested in providing uniforms, shoes and school supplies to 1.4 million students. Unlike previous years, applications must be submitted to the Ministry of Education and not directly to schools.
The website for the "Business Intelligence System of the Association Agreement between Central America and the European Union" summarizes the regulatory framework, procedures, market information and other topics of interest to exporting SMEs.
The Ministry of Economy of El Salvador has put online a "Business Intelligence System of the Association Agreement between Central America and the European Union", a website which aims to present the content and the benefits of the Association Agreement in a format which is simple and accessible, so that Central American exporters and importers can receive this information and maximize opportunities.
An announcement has been made that starting November the Salvadoran Development Bank will have $30 million available for loans to provide clean energy projects developed by SMEs.
All productive sectors can access these loans as long as they are formalized SMEs and their projects are geared towards the areas mentioned. The loans are expected to be available by next November with flexible and competitive conditions for the sector.
SMEs in developing countries could generate significant growth and jobs if they take advantage of market opportunities that offer clean technologies, which reach up to $1.6 trillion.
The Directorate General of Posts has announced a program that would allow SMEs to export goods via mail, providing permission to export via a simplified system.
The initiative of the entity is primarily directed to micro, small and medium-sized exporters.
In order for the Law on Secured Transactions to be put into effect in practice, the Secured Transactions Registry together with its regulations needs to be implemented.
The new Registry will be part of the National Registry Center (CNR), it will be public and will operate as an electronic platform, a system that facilitates the registration of garments and filling out forms so that secured debtors can have a personal account. There will be no need to enter financing contracts or security interest and it will be equipped with safety mechanisms that safeguard rights and the registry information entered.
Recognized Brazilian company of backhoe loaders, telescopic, articulated and other types of cranes looking for companies interested in representing the brand and distributing their machinery in Central America and Mexico. The company manufactures and sells telescopic,...
O4Bi is a system that allows to control and manage what a company needs: the complete process of development of works, accounts receivable, treasury, banks, sales and accounting.
O4Bi is a very robust system that allows to control and...
español
2311