What is it? The Argentine Fund for the Development of Micro, Small and Medium Enterprises grants flexible loans for investment projects, working capital, and better energy efficiency by SMEs, with a lower interest rate than available in the market.
MODALITIES: Companies may access credit under preferential conditions through three lines: STRATEGIC PRODUCTION, COMPETITIVE ENHANCEMENT, and ENERGY EFFICIENCY.

Investment Financing – STRATEGIC PRODUCTION

Finances the development of investments related to the purchase of working capital, facilities or construction of production plant, and that create new jobs.


Projects

Term

Interest Rate

Between AR$100,000  and AR$3 million

Up to 7 years

16% fixed, annual rate in Argentine pesos during the first 36 months of credit and variable rate for the remaining term.
During the variable period, the interest rate may be as high as 20% and as low as 12%, nominal, annual and in Argentine pesos.

Working Capital Financing – COMPETITIVE ENHANCEMENT

Grants working capital loans to purchase raw material for production, payment of staff wages, and operation costs, provided they are associated with the regular operation of the company.


Projects

Term

Interest Rate

Between AR$100,000 and AR$1.5 million

Up to 3 years

18% fixed, annual rate in Argentine pesos

Read Terms and Conditions


Financing for ENERGY EFFICIENCY

Grants loans to SMEs for investment projects intended to optimize energy use.


Projects

Term

Interest Rate

Between AR$100,000 and AR$2 million (up to 70% of the project)

Up to 7 years

9% fixed rate in Argentine pesos

 Read Terms and Conditions

How to Apply: Companies whose total annual sales do not exceed the amounts set in the SME CLASSIFICATION chart and that comply with the provisions set forth in Resolution 11/2016 may apply. SMEs may take part in the process through the online system designed for STRATEGIC PRODUCTION and COMPETITIVE ENHANCEMENT by clicking here. For ENERGY EFFICIENCY, click here.

 

More information: 

Contact: Management Office – Reception Desk:
Misiones: San Martin 1495, Posadas. Mondays through Fridays, from 7 a.m. to 12:30 p.m.
Phone: 376 444 7580
E-mail:  This email address is being protected from spambots. You need JavaScript enabled to view it. 
Buenos Aires: Mondays through Fridays, from 10 a.m. to 5 p.m.
Phone: 0800 333 7963; (011) 4349.3900 (extension 21439)
E-mail:  This email address is being protected from spambots. You need JavaScript enabled to view it.

Content Download

Form Completion Guide Download 
Project Sample Download

Regulations

Law No. 25300
Decree No. 1074/01
Decree No. 1633/02
Resolution by the Office of the Secretary of SMEs and Regional Development (SPMEDR) No. 357/15
Resolution by the SEPyME No. 7/16
Resolution by the SEPyME No. 8/16 
Resolution by the SEPyME No. 9/16