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Gedesco Creates a €300 Million Fund to Finance Construction Companies

The non-bank financing company has announced the creation of a new fund amounting to 300 million euros to finance companies in the construction sector.

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The company’s headquarters in Valencia.

Companies will be able to anticipate the collection of their invoices from both the public and private sectors through factoring, a service offered by Gedesco through this € 300 million fund for the construction sector.

Gedesco has explained in a statement that companies can also request a confirming line to pay their suppliers, at no cost to the company that issues it, whereby ensuring the supply of materials.

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