ESC can save small businesses by offering affordable credit amid pandemic

The Migalhas portal published the article by our founding partner and specialist in business contracts Izabela Rücker Curi Bertoncello.

ESCs – Simple Credit Companies can be an accessible alternative for micro and small businesses when trying to minimize the impacts of the economic crisis caused by the coronavirus pandemic and the stoppage of activities. They are also presented as an opportunity for individuals to diversify their capital investment and achieve higher returns by offering loans to entrepreneurs looking for credit in the market. It’s a win-win logic at the moment.

In rapid growth, ESCs are made up of individuals who offer credit to legal entities, specifically to individual micro-entrepreneurs, micro, and small businesses.

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