Wednesday , September 28 2022

Guaranteed Guarantees grew up to inflation to $ 18,000 million



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The real growth of Guarantee follows the siege of the economy. In the first quarter, the securities have mainly aimed at productive credits, but already in the third and last quarter with the current recession, The securities were used mainly to finance loans for work capital.

"The growth we have received this year is clearly explained by inflation by looking at the nominally nominated number, but mainly because Guarantee gives small and medium sized businesses what they need, in times It's hard to find them harder to go to a bank ", have analyzed Carlos Pirovano, director of Guarantee.

"Today, more than ever, Garantizar fulfills its strategic mission, which is to be a SME funding tool that helps companies when it needs it most. Our commercial platform has turned to offer the best financial solutions for the needs of small and medium sized businesses who currently take advantage of the best rates offered by the stock market "He explained Darío Wasserman, president of Guarantee, in tribute to the press that Carlos Pirovano also took part, Ozomek Savin, general manager, Simon Carman, commercial manager, a Diego Rajtman, marketing manager.

Although the recession has been projected at least until March 2019, there is a 33% nominal growth for Guarantee projects to reach a total of $ 24 billion in guaranteed loans.

This year, in the middle of the economy brake, one of the data that is monitored is the lack of those who receive a loan from Guarantee. In that sense, Ozomek, the general manager of that SGR explained "Before the crisis, we had secured 2.5% of SMEs and now at 2.9%".

In this regard, Pirovano emphasized that "The proximity with the SMEs means that the offense is low because we always address the difficulties we can get. We prefer them giving us an early warning to re-consent and go with company circles. We understand that there may be difficulties, and whenever there is a willingness to pay, there is always a possibility of refinancing there. "

Today is more than ever, Garantizar fulfills its strategic mission, which is to be a SME funding tool that helps companies when they need it "(Darío Wasserman)

As part of the strategy of personal attention and proximity, this year, Garantizar opened 6 new branches to reach a total of 31 service locations in 14 provinces. In addition, sales operators arrived 120. Also as part of a commercial policy, this year launched the SGR Digital warranty, the first 100% digital channel to assist entrepreneurs with loans of up to $ 100,000, monetized through Wilobank.

As Guaranteed tradition is the companies that are served from all economic sectors, productive and services. The excitement is that the universe of small and small companies is 70% of SMEs, where the focus of the work of the SGR is given.

Leader is ON Seasonal

Within the milestones reached this year, Garantizar was also a capitalist in the guarantees granted for the placement of SME Negotiable Liabilities. Of the number issues set since the beginning of the product in August 2017, Guarantee took part in 30 (48%).

If it is considered the last six months, Guarantee 56% of the market reached securities for ON, in the number of issues as well. In September and October it covered 100% of the market, which clearly demonstrates an increase in the Guarantee participation in these instruments.

Y NO in the pesos that reached the maximum amount was $ 35 million (it was processed in February 2018) and it was for industry in the province of Corrientes (Puerto Las Palmas SA). Feed by Tresnal Agropecaria S.A., or Buenos Aires ($ 25 million) to Cilbraker SRL, or CABA,

($ 20 million). The average emission in pesos was between BADLAR + 5 and BADLAR + 10.

With regard to the NOs in dollars, the largest location was $ 1,000,000 for the Salta agricultural company (processed in March 2018), and then another for $ 800,000 for another agricultural and livestock company in Rosario. The average rates were between 7 and 9%.

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