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Financing modalities

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Credit for Working Capital: Amount necessary (in CUP) to cover the expenses of the production or service cycle of the activity carried out with a maximum term of 18 months.

Modalities:

  • Simple Credit (one-time financing)
  • Line of Credit (financing with a maximum limit to use)

Purposes:

  • Purchase of goods, and supplies and equipment.
  • Payment of raw materials and services (water, electricity and gas)

Requirements:

  • Permanent identity document (identity card).
  • Official document authorizing self-employment or other non-state management.
  • Current account at the branch where financing is requested in the municipality of your legal domicile.
  • Do not present past due debts or debt for a credit associated with your activity as TCP.
  • MINSAP authorization whenever the activity requires it.

Guarantee:

  • Assignment of present and future income rights.
  • Transfer of certificates and fixed-term or savings accounts.
  • Joint and several guarantors.
  • Pledge of goods (jewelery, patrimonial goods, motorcycle vehicles, cattle)
  • Real estate mortgages (rest or summer homes, waste lots)

Investment Credit: Amount (in CUP) destined to the acquisition of equipment related to the activity that it develops and with a maximum term of 10 years.

Modalities:

  • Simple Credit (one-time financing)
  • Line of Credit (financing with a maximum limit to be used by the client according to their requirements)

Purposes:

  • Expenses associated with construction, remodeling or modernization of premises.
  • Equipment purchase.

Requirements:

  • Permanent identity document (identity card).
  • Official document authorizing self-employment or other non-state management.
  • Current account at the branch where financing is requested in the municipality of your legal domicile.
  • Do not present past due debts or debt for a credit associated with your activity as TCP.
  • MINSAP authorization whenever the activity requires it.

Guarantee:

  • Assignment of present and future income rights.
  • Transfer of certificates and fixed-term or savings accounts.
  • Joint and several guarantors.
  • Pledge of goods (jewelery, patrimonial goods, motorcycle vehicles, cattle)
  • Real estate mortgages (rest or summer homes, waste lots)

 

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