BCR, a financial ally for SMEs

Entrepreneurs and owners of MSMEs who participated in the Empretec Global Forum had the opportunity to learn about the financial support offered to them by Banco de Costa Rica.

Driven by its commitment to the country, the bank has made significant efforts to be even closer to SMEs and their needs. In addition to the institution’s robust commercial portfolio, it has introduced other resources to help drive their growth, such as the program for strengthening SMEs and promoting tourism-related supply chains.

Last year, a 17% increase in the nominal placement of SME loans was recorded, with the number of cases rising by 48%. This translated to ₡49 billion in loans with favorable terms to support medium and small businesses, contributing to economic recovery by assisting thousands of entrepreneurs in sectors such as agriculture, agribusiness, and tourism.

Through concrete actions, BCR fosters Costa Rica’s development. To reach each SME, the institution has a team of expert executives who understand each sector and the challenges that micro, small, and medium-sized enterprises may face.

This expertise enables them to offer professional advice and recommend the product or service that best suits the SME’s needs, with the goal of supporting its growth and market consolidation.

For more information on these programs, SMEs can visit www.bancobcr.com under BCR Directo.