The president of the Spanish Federation of Associations of Producers Exporters of Fruits, Vegetables, Flowers, and Live Plants (FEPEX), Jorge F. Brotons, and the president of Cajamar, Eduardo Baamonde, have renewed the collaboration agreement that both entities have had for years in order to continue promoting Spanish fruit and vegetable exports.
Grupo Cajamar makes available financial solutions, which were created for the import and export business and to promote the companies' international activity, to the more than 1,800 companies associated with FEPEX. The financial facilities include loans for investment in new assets or modernization of existing ones, credit for marketers, management and advances of aid and subsidies, financing lines, and loans under special conditions to start the campaign or to have liquidity during it, taking into account the production and harvesting periods.
“Cajamar has always supported the internationalization and export of Spanish agri-food companies, and we'll continue to do so through financing and the search for technological and innovative solutions that help them make decisions about future investments with community funds, specifically with Next Generation funds aimed at the sustainable development of their activities,” stated Eduardo Baamonde at the signing of the agreement, which took place on Wednesday 6th within the framework of the Fruit Attraction fair.
Jorge F. Brotons valued the agreement very positively. According to him, maintaining and incorporating the largest number of companies into the export activity with the support of the Administration, which facilitates the dissemination of the Spanish offer and the diversification of markets, is one of the main priorities of this sector. The agreement with Cajamar is an instrument that will help us achieve this goal, he added. He also said that financial institutions must play an important role so companies can finance the investments and projects that will be executed by the sector within the framework of the European Next Generation funds.