Productive Belgrano Plan

The SMEs from Norte Grande are offered a credit line for productive investments with special conditions for its development.

Regional Stimulus

For SMEs from Norte Grande.

Term

Of up to 7 years and up to 2 years of grace period.

Discount

Subsidized rate.

Financial conditions

  • Requirements
    • See MSMEs (Resolution 24/2001 and amendments by the SEPYME).
    • To be located in any of the following provinces: Jujuy, Salta, Tucumán, Catamarca, La Rioja, Misiones, Santiago del Estero, Corrientes, Formosa or Chaco.
  • Objective

    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.

  • Amount to Be Financed

    Up to eighty percent (80%) of total investment amount, VAT excluded.

  • Maximum Amount

    Up to $ 10 million.

  • Currency

    $ (Pesos).

  • Interest Rate

    Variable (Badlar Private Banks + 450 bp.) with a maximum of 16%. (1)

  • Term

    Up to 84 months.

  • Guarantees

    At the BICE’s satisfaction.

  • Grace Period

    Up to 24 months (only for the capital).

  • Repayment System

    French or German.

CFT*

16,65

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.

 

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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