Valencian Community obtained loans worth 583 million euros from the Official Credit Institute (ICO) , which represents more than 12% of the total loans granted nationally.
This is clear from the report issued by the ICO within the framework of the collaboration agreement that the Ivace maintains with this organization to publicize the Singapore Phone Number List lines of Mediation and Venture Capital Funds available to companies and the self-employed and which are channeled through the financial entities.
This report highlights that the Valencian Community and Andalusia, which have formalized more than 12% of operations respectively, are behind Catalonia, which is the first recipient of ICO funds , with more than 19% of operations. These 583 million euros in loans have allowed companies in the Valencian Community to carry out a total of 12,637 operations, of which 65.1% correspond to the Companies and Entrepreneurs line and nearly 40% to the Exporters line .
Companies from the Community lead the number of actions in the Exporters line, with 4,278 operations, followed by Catalonia, with 3,669 operations, and Andalusia, with 2,866 operations.
Regarding the value of the loans, 59% are less than 150,000 euros and 9% exceed one million euros. And regarding the size of the companies that have obtained financing, 46% of them have less than 10 workers.
By province, companies from Valencia lead 5,677 operations, followed by those from Alicante, with 5,220, and Castellón, with 1,720 operations.
The companies of the Community obtained 583 million in loans from the ICO in 2016
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