Glossary entry

Spanish term or phrase:

crédito de habilitación

English translation:

working capital loan

Added to glossary by Marisabel Maal
Feb 5, 2007 19:34
17 yrs ago
8 viewers *
Spanish term

habilitacion y Fomento

Spanish to English Bus/Financial Finance (general)
types of credit offered:
Crédito Agrícola de Habilitación, y
Banco Nacional de Fomento

Proposed translations

26 mins
Selected

ver explicación

Working Capital Loan = Crédito de Habilitación: Es aquél que se otorga para la adquisición de las materias primas, materiales y el pago de los jornales, salarios y gastos directos
Fomento = Development. Sería "National Development Bank"
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4 KudoZ points awarded for this answer. Comment: "Marisabel, muchas gracias. Enrique."
58 mins

Agricultural Credit Loan Fund - National Development Bank

National Development Bank - I would agree with Marisabel on that, so the credit is all hers as she was first.

Agricultural Credit Loan Fund/Scheme - because I find Marisabel's suggestion to be too much of a technical nature. Please note that I am assuming that this is the public name of the credit loan scheme, and not the banker's definition of it.
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