Trade Services

Simple Loan

Simplifies the needs of your company

Description

Multiple- purpose loan, which may be used by your company to cover different necessities.

Treasury needs, acquisition of fixed assets and investment projects, liability consolidation, liquidity to hedge slow recovering inventories.

May be granted in a single or several installments but may not be revolving.

It is a loan that may be customized to fit each client’s financial needs

Product Details
  • Simple loans may be granted in Pesos or USD
  • 1 to 5 year terms and exceptionally, for longer terms
  • Simple loans may be granted with or without guarantee/ collateral depending on the natures of the risk taken and on the purpose of such loan.
  • Principal and interest payments are generally carried out on a monthly basis but may also be made on a quarterly basis and, on exceptional occasions, on a bi-yearly basis, depending on each credit.
  • Associated with the support from Domestic and Foreign Development Banks, Simple Loans are a great option.

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REQUISITES

1

Contact your Account Executive

2

Forward the financial and legal information in order to make an assessment

3

Contracting and compliance of conditions set by the Credit.