Unicaja Banco and the Asociación Vallisoleta de Comercio (AVADECO, Valladolid Association of Commerce) have renewed their collaboration agreement, which will benefit its 500 commercial establishments. The agreement intends to continue boosting the Valladolid retail sector in view of the economic crisis caused by the coronavirus.
The financial institution has been supporting AVADECO since it was created in 1978. Their relationship is strengthened by this agreement, signed by the Valladolid Centro Area Manager of Unicaja Banco, Ricardo Cifuentes, and by the President of AVADECO, Alejandro García Pelletero.
Unicaja Banco has designed a broad range of products and services, under advantageous terms, which will be useful for the members of this association, such as different credit alternatives to allow business owners to have cash-flow for running their companies or to face investments. The members of AVADECO will have available a credit account, First Company Loan, personal and mortgage loans and other loans under the agreements with ICO, Iberaval or European Investment Bank.
The agreement also features advantageous terms for products and services such as Shop PoST credit account, current account credit, guarantees, leasing, receipt collection and a wide range of payment methods and insurance, as well as the possibility of subscribing the Fee-Free Plan for freelancers or businesses.
AVADECO is one of the most important associations of shops and traders in Valladolid. It represents the main sectors of the economy of the province, such as clothing and shoes, home supplies, bookshops, newsagents and jewelries.
With this agreement, Unicaja Banco continues to strengthen its commitment to commerce and entrepreneurs, key drivers for job creation and wealth generation in Valladolid, where the bank has a traditional presence.
Over the last months, Unicaja Banco is reinforcing its cooperation with different associations in Valladolid province and in Castilla y León, where it continues acting as an agent to boost the economic and social development. This support is strengthened as a consequence of the situation caused by the coronavirus health crisis.