Obstacles of the “First Home” program: bureaucracy and lack of information
“We have had major problems with buy-sell agreements. When we were mandated by the state to offer guarantees as part of this program, we were not told how important the 45-60 day period for pre-contracts is,” said Vasile Coman, Coordinating Director of the National Loan Guarantee Fund for Small and Medium-Sized Enterprises (FNGCIMM). Representatives of ...