(Madrid, November 14, 2016) .- Laboral Kutxa and the Spanish Business Confederation of Social Economy (CEPES) have renewed the agreement they already have subscribed to finance the Social Economy companies.
The agreement was signed today at the headquarters of CEPES by Josu Arraiza, Director Business Area Laboral Kutxa and CEPES president, Juan Antonio Pedreño. This agreement is a renewal of the signed between the two entities in 2012 and 2014.
Laboral Kutxa reaffirms its support to organizations and individuals that make up this more participatory, transparent and competitive social and business model.
The main objective of this agreement is to enable some items that imbue these companies liquidity and facilitate new investments. The agreement is designed to meet the needs most demanded by social economy enterprises so that they will have not only new lines of financing for entrepreneurs, but also products of working capital financing (credit accounts, trade discounts and advances credit) and investment financing via loans or leasing, for the most established companies. The objective of this agreement is that all companies that have good projects and obtain financing viable.
In addition, Laboral Kutxa aims to provide the definitive internationalization processes of these social economy organizations seeking to improve their competitiveness by opening borders momentum.
Pedroza said "that this agreement is very positive because it helps to enhance competitiveness and facilitate access to finance not only the CEPES integrated companies, but also to new entrepreneurial projects within the Social Economy".
The president of the Employers of Social Economy added that "the fact that the companies in our sector to access funding helps to improve competitiveness and development of new projects that employment and economic and social wealth is created" .
The enterprise has always been present in the history of Laboral Kutxa since its inception. Therefore, the company will not only provide the necessary financial resources, customers also have the collaboration and experience of its professionals when designing and starting your business.
The agreement between Laboral Kutxa and CEPES will benefit about 43,000 companies that form, which generate 10% of the state GDP and 2.2 million direct and indirect jobs. In collaboration with Laboral Kutxa it intends to continue to grow to create jobs and bring new projects forward.