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FINATUR S.A. Supports Cuban Companies |
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Monday, October 14, 2019
Havana.- FINATUR S.A., a company subordinated to the Central Bank of Cuba, granted more than nine million dollars to a dozen projects in the national corporate sector.
The delivery of those resources goes to centers linked to tourism, with the purpose of contributing to the development of goods and services with high quality and competitive prices.
FINATUR S.A. also supports national productions, in order to reactivate the industrial sector, as well as providing rapid financing services with strict control over repayment terms.
The delivery of resources takes into account the established credit policy, which includes the physical verifications of the financed productions.
Through this operation, the companies involved can continue to access funds through approved industry schemes.
Financing is granted for short productive cycles, of a maximum of six months, in order to ensure that after the goods are delivered, the capital immediately returns to the institution.
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