Project with Crometal The loan looks to stabilize the cooperative in a moment of sudden expansion. The delay in some of the deliveries and payments generated a fairly small financial hole, but which needs to be covered nevertheless.
This is the 5th loan with a cooperative that has demonstrated a continuous growth since the very beginning. In this case they have a problem financing production to sustain growth and they lack access to outside
capital. In this way La base fulfills its mission of giving financial assistance for growth without the cooperative having to sacrifice control or decision making and without having to pay exagerated costs.
December 13, 2006
From Crometal on Jan 18: Behind Con 5 días de retraso, Crometal canecló la deuda y completó el préstamo
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