If your company is about to make a long-term productive investment, this is the line.
Of up to 15 years, with two-year grace period.
With special conditions for SMEs.
We focus on the project and the client’s needs.
Credit petitioners must be individuals with real domicile in the Argentine Republic or legal persons domiciled in the Argentine Republic or having a branch or any kind of permanent agency in the Argentine Republic.
To finance investment projects and to acquire movable capital assets, recordable or not, in the framework of an investment decision, destined to different economic activities within the productive sectors of goods and services. It also includes the financing of productive restructuring and modernizing projects of different economic sectors that improve the competitiveness in domestic and foreign markets.
Up to eighty percent (80%) of total amount of each project, VAT excluded.
SMEs: The highest credit amount to be granted to a company or economic holding is 80 million pesos ($ 80,000,000) or, the equivalent in dollars.
Non-SMEs: The highest credit amount to be granted to a company or economic holding is two hundred million pesos ($ 200,000,000) or the equivalent in dollars.
Pesos or Dollars.
In constant periodic payments, every six months as maximum.
At the BICE’s satisfaction.
Loans in pesos: up to 15 years. Loans in dollars: up to 10 years.
Up to 2 years.
French or German.
In constant periodic installments. Every six months maximum only when the production cycle of the company justicies such decision, at the BICE’s criteria.
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.
For 60-month loans of 5,000,000 pesos with one-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 24%. The French system was used to estimate the Total Financial Cost.
For 5-year loans of 500,000 dollars with one-year grace period. The pertinent Total Financial Cost (CFT in Spanish) estimations were made based on the Libor rate plus a fixed margin of 550 basic points (estimatation made for a B-category Enterprise). Taxes are not included.
For 5-year loans of 500,000,000 pesos with one-year grace period. The pertinent Total Financial Cost (CFT in Spanish) estimations were made based on the “Badlar Private Banks” rate plus a fixed margin of 500 basic points (estimatation made for a B-category Enterprise). Taxes are not included. The French system was used to estimate the Total Financial Cost.
For 5-year loans of 500,000 dollars with one-year grace period. The pertinent Total Financial Cost (CFT in Spanish) estimations were made based on the Libor rate plus a fixed margin of 550 basic points (estimatation made for a B-category Enterprise). Taxes are not included.
