“The national system of guarantees has consolidated its role as a catalyst of the business fabric in our country”
- Jordi Garcia Brustenga, general director of Industrial Strategy and Smes, and president of CERSA: “We have achieved the milestone of channeling, through the SGR, more than 2,000 million euros to the smes from the Funds the Next Generation EU, within the PRTR 2, a year before the date set.”
- Javier González de Lara, president of Garántia MGC: “If something unites us to all of the SGR is our vocation: to be driving talent, growth catalysts and guarantors of trust. And that today, in an increasingly complex environment, it is of inestimable value”.
Seville, June 11, 2025. – “Before the continuous episodes of economic uncertainty, the guarantee companies must continue taking an active role in the support of small and medium-sized enterprises to access finance, which is so necessary for their growth”. This has been assured by the president of SGR-Cesgar, José Pedro Salcedo, in the framework of the celebration of the FOURTEENTH General Assembly of Cesgar, which has gathered today in Seville, presidents and general directors of the mutual guarantee companies (MGCS), as well as the Spanish Company Rebonding S. M. E., SA (CERSA), belonging to the Ministry of Industry and Tourism.
“Companies continue to face numerous obstacles, such as the increase of costs or excess regulatory, and other episodes that generate economic instability, and in this scenario the SGR, we have responded in an exemplary way”, has secured Salcedo. So, it has highlighted that the funding provided by the system of guarantees already benefits more than 180,000 smes, self-employed and entrepreneurs, with a risk live close to 8,000 million euros, which contributes to the maintenance of more than 1.1 million jobs. “It is evident that, since the pandemic, the national system of guarantees has consolidated its role as a catalyst of the business fabric of our country”, he stressed.
During his speech, José Pedro Salcedo has highlighted, in addition, the public-private partnership as “the key to the success of our system of warranties”, underlining the importance of the support of the central government, through CERSA, as of the Autonomous Communities. “The support of CERSA, with its reaval, has been essential to carry out all of that cash injection to smes”, has secured Salcedo. In this sense, he wanted to highlight the success achieved with the channeling of Funds to the Next Generation, made available to CERSA within the Plan of Recovery, Transformation, and Resilience of the Government of Spain (PRTR). “In the last four years, the guarantee companies have been able to facilitate funding from these funds to the value of the 6,100 million euros 35,000 smes and autonomouss, a large part of them for digital projects and sustainability,” he said. Salcedo has had an impact also on “the importance of the financial injection performed by the Autonomous Communities, as the regional government of Andalusia, to boost the funding lines that the SGR put at the disposal of smes and self-employed persons”.
In his speech, Salcedo, in addition, it has highlighted the proper functioning of the website for the Endorsement Itself, with which the Spanish system of guarantees was a pioneer in the digitization of the sector at a european level. “This platform continues to fulfil its role as a key tool for the application and processing of guarantees in the SGR, being already in 130.013 applications of smes and freelancers for an amount of 17.833 million euros, since its implementation”, he stressed.
Inside the lines introduced in the strategic plan of the confederation, Salcedo has wanted to also impact the success reaching with Aachen, innovative financing tool promoted by SGR-Cesgar in 2021, with funding from the ICO and the support of the European Investment Fund. “After the renewal of its support to the fund on the part of these two institutions last year, the German city of Aachen has already surpassed the 3,000 operations formalized by an amount of 251 million euros, what makes it an important source of funding is complementary to the lines of guarantees offered by the SGR by which we must get out of the betting,” said Salcedo.
Finally, the president of SGR-Cesgar has emphasized the importance of institutional relations for the organization, CEOE, Cepyme and the Chamber of Spain as a major allies to spread and defend the important work that is performed by the OMS to provide funding to smes and self-employed. Also, has highlighted the close collaboration between the societies of guarantee and credit institutions, “fundamental to getting that funding as necessary to the small and medium-sized enterprises”.
In the General Assembly of SGR-Cesgar has also involved the president of Garántia, Javier González de Lara, who has highlighted, “the key role of the SGR in the financing and development of our smes and freelancers, undisputed protagonists of the corporate dynamism of Spain, and, in our case, what we’re living in Andalusia”. “If something unites us to all of the SGR of Spain is our vocation: to be driving talent, growth catalysts, the guarantors of trust. And that today, in an increasingly complex environment, it is of inestimable value”, he added.
The closing of the event has been in charge of Jordi Garcia Brustenga, general director of Industrial Strategy and Smes, and president of CERSA, who has wanted to highlight the important growth that has taken the national system of warranties in the last few years. “The system, with the support of CERSA, has become a fundamental support for smes and freelancers, especially in times of crisis,” he said. Also, he stressed “the milestone achieved by the system of warranties to the channel more than 2,000 million euros from the Funds the Next Generation EU, within the PRTR 2 a year before the date set, a funding especially intended to promote projects of digitalization and sustainability of smes”. “It is necessary that the national system of warranties is most known for, so, our work is able to reach a greater number of smes and self-employed persons who require help on the access to finance”, he concluded.
ON CESGAR
CESGAR is a non-profit association, incorporated in 1980, with the social object of assuming the functions of coordination, cooperation, advocacy, and representation of the interests of the 18 Mutual Guarantee Societies existing in Spain. Promotes all kind of agreements with private or public Institutions, national or foreign, who are for the benefit of the partners. Develops a work of advisory services and technical assistance, studies and statistics, and training plans. CESGAR is vice-president of the European Association of Mutual Pledge (AECM) and is integrated in CEOE-CEPYME.
