The SMEs from Norte Grande are offered a credit line for productive investments with special conditions for its development.
For SMEs from Norte Grande.
Of up to 7 years and up to 2 years of grace period.
To finance investment projects and the acquisition of new national or foreign capital assets, provided there are no nationally produced goods to replace the latter.
Up to eighty percent (80%) of total investment amount, VAT excluded.
Up to $ 10 million.
Variable (Badlar Private Banks + 450 bp.) with a maximum of 16%. (1)
Up to 84 months.
At the BICE’s satisfaction.
Up to 24 months (only for the capital).
French or German.
For 60-month loans of 1,000,000 pesos with 1-year grace period. The pertinent Total Financial Cost (CFT in Spanish) estimations were made based on the lowest rate between “Badlar Private Banks ” rate + Spread and fixed rate of 21%. The French system was used to estimate the Total Financial Cost. A subsidy of 600 bp granted by the SEPYME is applied to such rate. Taxes are not included.