17 April 2020 – Extended credit lines and guarantees to factoring companies to assist small and medium businesses

This item is sourced from COVID-19 Policy Watch co-ordinated by Policy. We are in the process of gathering further information and aligning taxonomies for these items.

Intervention Categories: Finance policy and financial aid; Stimulus packages and financial support
Level of Jurisdiction: National

Overview: The Ministry of Economy and Finance of Peru ordered that factoring companies access credit lines and guarantees that The CRECER Fund provides in order to facilitate access to working capital for micro, small and medium-sized enterprises (MSMEs).
Full details here: https://www.gob.pe/institucion/mef/noticias/126100-gobierno-impulsa-el-factoring-para-las-mipyme-a-traves-del-fondo-crecer