The ICO, Institute of Official Credit, managerial public entity that is assigned to the Department of Economy and Treasury Department, usually throws annually different plans of help and economic promotion that chase the growth of the national wealth and the creation and support of the managerial initiatives.
This way, for example, with his performances program it chases impelling the investments of the small and medium companies, to encourage and to support to the development of the Pymes and autonomous, to promote the housings in rent, to finance across the Government those who have turned out to be affected by serious economic crises … There Are many plan of action that finally they supply to us with a scale of complementary options to which we can usually choose inside the financial channels formed by banks and savings banks.
The ICO has different lines of financing directed to entrepreneurs, pymes, autonomous. Inside the mediation lines, they are, between others:
- Line ICO-PYME: destined to finance the investments in productive fixed assets
- Line ICO-Emprendedores: destined to encourage the creation of new companies
- Line ICO-Liquidez: to attend to the needs for liquidity
- Line ICO-Moratoria Hipotecaria: destined to facilitate the temporary and partial postponement of the mortgage quotas of next two years
- Loan Plan Advances: for investments in information technology
In next articles we will be describing you each of them in a more detailed way.
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We want to put the economic and financial actuality within reach of your hand, with a simple and direct language, so that we all could comprise it. The real estate market, the Stock Exchange, the different options to invest, you count and bank deposits... So that you know what to do with your money.
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