Avales bancoldex como estrategia para el mejoramiento de las relaciones comerciales de las PYMES de Ecuador y Colombia, período 2014 - 2016.

Abstract

The present work is focused on carrying out an investigation so that it is understood that the bank guarantees could mean a strategy to mitigate the financial risk of the Colombian exporters, who would make sure to have an endorsement of the merchandise they sell to Ecuador, receiving their money opportunely and being able to fulfill its obligations. It is worth noting that unlike a loan that is delivered immediately and has an interest rate for financing; The bank g uarantees represent a similar figure with the difference that is executed once the default or default on the part of the borrower is verified, in this case the Ecuadorian importer. In this way, a positive impact of this financial tool could be guaranteed, based on a guarantee system that favors bilateral trade between the SMEs of Ecuador and Colombia, also taking advantage of the line of credit and the Bancoldex guarantees as a facilitator in this area.