The initiative is the result of joint work between the Province of Santa Fe, the Rosario Stock Exchange, the Argentine Stock Market and financial entities that adhere to the program, with the aim of expanding financing alternatives for the productive sector.

What does the agreement consist of?

The agreement allows MSMEs to access financing through securities market instruments, such as deferred payment checks, promissory notes and electronic invoices, with discounted interest rates, significantly reducing the financial cost of these operations.

The bonus is implemented directly on operations channeled through the capital market, which enables more equitable access to benefits and avoids concentrations in the traditional banking system.

EntThe planned instruments stand out:

Rate discount applied to productive financing stock market operations.

Use of electronic instruments to streamline and make operations transparent.

Implementation of a credit readability certificate, issued by the Ministry of Productive Development, which simplifies the analysis of credit portfolios.

Articulation with financial entities and market agents to expand the territorial scope of the program.

Likewise, the Province of Santa Fe put into operation a provincial Guarantee Fund, aimed at improving the credit rating of MSMEs and facilitating their access to these financing tools.

The agreement seeks:

Facilitate access to productive credit for MSMEs throughout the province.

Reduce the financial cost of short and medium-term operations.

Promote the use of the capital market as a complementary alternative to bank financing.

Generate a scalable and replicable scheme for different production chains.