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Registered ConfUser
Join Date: Aug 2006
Location: Waterlogged
Posts: 23,475
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Financing in Puerto Rico
My company is considering expanding distribution of large capital equipment (medical) in P.R. I've heard that it can be difficult, or even impossible to get financing, even for large, solid institutions. Privately owned imaging centers and clinics are supposedly, even tougher. I've heard from others that financing is a piece of cake, although basis points are a bit higher.
Does anyone have any experience in commercial financing in PR and / or the Carribbean? Thanks! |
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09-23-2006, 05:07 PM
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Registered ConfUser
Join Date: Aug 2006
Location: Waterlogged
Posts: 23,475
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Anyone?
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Mike “I wouldn’t want to live under the conditions a person could get used to”. -My paternal grandmother having immigrated to America shortly before WWll. |
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09-24-2006, 03:10 PM
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Registered
Join Date: Jul 2001
Location: Huntington Beach, CA
Posts: 2,685
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I know that we are building some apartments in Puerto Rico and are working with some local banks for construction and perm financing.
It is important that you know someone that understand hows things work on the island, which is really slow.
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1984 Carrera Targa Sold to fellow Pelican 1973 911S Targa - Sold to fellow Pelican. |
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09-24-2006, 03:37 PM
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