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San Javier firm ICO credits worth of 870,000 euros to pay more than 90 suppliers (25/10/2011)

The mayor of San Javier, Visitation Martinez has signed this week with two credits ICO Banco Santander and BBVA entities amounting to 434,508 euros and 435,567, respectively

San Pedro Town Council has signed this week with two credits ICO totaling 870,692 euros to be used in payment of the debt to 91 autonomous and SMEs, acquired during the years 2007 and 2008.

The mayor of the municipality, Visitation Martinez explained that this loan would be paid off the debts that are dragged from 2007 and part of 2008 with small suppliers, establishing a priority order to be paid by the older debts first.

The first mayor stressed that this action reflects the commitment of the government team to face, immediately, the debt to suppliers council in June exceeded 31 million euros.

So, last Monday, October 24, was signed on loan with BBVA makers and Tuesday October 25 ICO loan was signed with Banco Santander.

Source: Ayuntamiento de San Pedro del Pinatar

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