Associated Working Capital

If you have made an investment together with the BICE S.A., we can also help you with our associated working capital line.

Associated

To an investment Project the BICE has funded or is funding.

Amount

Up to 20% of the the bankable project.

Term

Finance term is up to 3 years.

Financial conditions

  • Currency of the Loan

    Pesos.

  • Interest Service

    In constant periodic payments, every six months as maximum.

  • Interest Rates

    Badlar Private Banks plus a margin of 550 bp.

  • Guarantee

    At the BICE’s satisfaction.

  • Credit Maximum Term

    Finance term is up to three (3) years, as from the disbursement date.

  • Repayment System

    French or German

  • Repayment Frequency

    In constant periodic installments. Every six months maximum.

  • Advance Cancellation

    The beneficiaries may cancel the credit, wholly or partially, at any time. In such a case, it must give irrefutable notice to the BICE at least 5 five working days before the desired date of advance cancellation.

CFT*

27.98%

(*) For 3-year loans of 5,000,000 pesos. The pertinent Total Financial Cost (CFT in Spanish) estimations were made based on the “Badlar Private Banks” rate plus a fixed margin of 550 basic points (estimatation made for a B-category Enterprise). Taxes are not included. The French system was used to estimate the Total Financial Cost. Tax applied in the example: Badlar Priv. April 2016 Average = 19.2465%.

 
 

Our communication channels

Telephone Service

Mondays to Fridays 9 am to 6 pm
0800.444.2423

Online Application

Formulario de contacto

Ingresar

Central Office

25 de mayo 526 (C1002ABL),
Bs. As., Argentina

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