Posts Tagged ‘cooperation agreement’

Loans for Home Improvement

Loans for Home ImprovementLa Caixa has signed a cooperation agreement with the Catalan Association of Construction Materials in which you open a credit line up to 12 000 Euros for those residents who want to make repairs or renovations in their home.

The Association currently has about 150 members and represents 70% of turnover in this sector. The company provides subscribers with access to finance.

The new facility will have a repayment period of 60 months with the possibility of requesting least 6 months. However, in the case of interest is high because the proposed preferential interest rate plus a spread of 2.50% ECSC (which currently accounts for 7.50% interest rate), slightly below the average prevailing price of the financial sector in terms of personal loans.

In the case of requesting the maximum funding quota will increase to 241 Euros per month.

The truth is that this is not the first time that the claims were released specifically for this purpose. Just keep in mind that a lot of personal loans apply now aims to reform the house so that the point of funding for this purpose is very logical.

BMW to save 100 Million Euros for the Purchase Contract Daimler

German carmaker BMW is expected that a cooperation agreement with Daimler buying rival will save approximately 100 million Euros (126 million) a year from the period 2012/2013, “said Director purchases of the company.

“We are pleased with the cooperation. Will bear fruit in time, “Herbert Diess said in an interview with Reuters?

Automobile manufacturers seek to reduce costs by increasing the scale, and many have been seeking alliances to achieve synergies of operations without including private capital.

BMW and Daimler already buy a combined two-digit number of components to obtain better prices. Diess said that cooperation will be extended, without further precision.

BMW is also considering options for a purchase agreement with Citroen France, PSA Peugeot, which already supplies diesel engines for the BMW Mini.

Diess said he had not yet taken a decision, adding that no other company would be required beyond the two that would be required.