Madrid, November 30, 2017.- The Business Commercial and Development Manager at COFIDES, Eduardo Serrano participated on this date in the showroom held by ACCIÓ to show companies the alternative funding to commercial banking.
There he explained the financial products COFIDES offer to foster internationalisation among Spanish companies ranging from share capital to quasi-capital instruments and standard loans for the company of the project. Also, he highlighted the great versatility of COFIDES since they customise services to every customer’s needs, with long terms and nearly a tailor-made funding.
This event was addressed to companies with internationalisation projects either to start or increase their products or services sales abroad or to establish or purchase subsidiaries in other countries.
In this conference held in Barcelona, 78 companies participated and 36 individual meetings were held. A total of eight funding experts took part in order to inform on the types of financial support which better suit each project.
COFIDES is a public-private company providing financial support since 1998 for Spanish companies’ investments abroad. They manage the FIEX and FONPYME funds exclusively on behalf of the Secretary of State for Trade, attached to the Ministry of Economy, Industry and Competitiveness. Other shareholders are also the following banks: Banco Bilbao Vizcaya Argentaria (BBVA), Banco Santander, Banco Popular, Banco Sabadell and CAF-Development Bank of Latin America.