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NEW 1.6B CREDIT LINE TO SUPPORT PORTUGUESE SMEs | 17-01-2017

Yesterday, 16 January 2017, the Portuguese government, IAPMEI, PME Investimentos and the Portuguese mutual guarantee scheme, member of AECM, launched a new 1,6 billion euros credit line with partial guarantee (from 50% to 70%) from the private mutual guarantee societies (MGS) and partial public counter guarantee (up to 65%) from the FCGM, managed by SPGM.

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GROWING WITH US
Until February of 2009, the National Mutual Guarantee System, through SPGM and in partnership with the Mutual Guarantee Societies (Agrogarante, Garval, Lisgarante e Norgarante) gave a total of 1631 million Euros of accumulated guarantees. The global amount of financing is more than 4 thousand million Euros. Thank you for continuing to grow with us.

4th annual Forum of Entrepreneurship
The 4th annual Forum of Entrepreneurship, organized by SPGM, the national holding society of the Portuguese Mutual Guarnatee Societies, was held on 23rd November in Santarém, Portugal, against the backdrop of the need for an economic stimulus and support for SMEs.
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