The automaker announced a dollar financing line for companies that seek to renew their fleets with competitive conditions and flexible deadlines.
Stellantis presents one New dollar financing line exclusively intended for companies that seek renew their fleets of work or mobility vehicles. The objective is to facilitate the access to cars, pick-ups and utilitarians 0km With accessible tools and flexible deadlines, in a context of financial challenges for the sector. The announcement adds to those who had made Ford and Toyota.
The proposal is channeled through the French BBVA Bank and is part of the regulations A4015 of the Central Bank of the Argentine Republic. Offers two financing alternatives: financial loan and leasingallowing legal persons to access new vehicles with competitive conditions in dollars. This new line is designed for those who need work vehicles with clear tools Financial Planning
The line allows to finance until the 90% of the vehicle value (LTV)with deadlines of 24, 36 or 48 months and an annual nominal rate (TNA) of the 10.75%. Payment of fees can be made semi -annually under the German system or monthly through the French system, adjusting to the possibilities of each company.
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Requirements and details of regulations A4015
To access this line, companies must meet the requirements of the regulations A4015 of the BCRA and its amendments. These are financing to producers, processors or assets of goods, provided that:
- Have with Firm sales contracts from merchandise to an exporterwith a fixed price or fix in foreign currency (regardless of the currency in which the operation is liquidated) and in question of Fungible merchandise with quotationin foreign currency, normal and common in local or abroad markets, of broad dissemination and easy access to public knowledge.
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- Your main activity is the production, processing and/or collection of fungible merchandise with contributionin foreign currency, normal and common in the foreign markets, of broad dissemination and easy access to public knowledge, and is verified, in the year prior to the granting of financing, a total turnover of these merchandise for an amount that keeps reasonable relationship with that activity and with their financing.
Leasing option with purchase possibility
In the case of Leasing in dollarsthis option offers the possibility of Exercise a purchase at the end of the contractmaintaining the requirements of the regulations A4015 and its amendments. This scheme is designed for companies that prefer to use units with operational flexibility and then add them to their assets at the end of the contract period.
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“With this new financial tool, Stellantis strengthens its value proposition for the corporate segment, providing customary solutions and promoting access to 0KM units with competitive conditions in dollars, through its network of official dealers throughout the country,” the group said in a statement.
Source: Ambito
I’m a recent graduate of the University of Missouri with a degree in journalism. I started working as a news reporter for 24 Hours World about two years ago, and I’ve been writing articles ever since. My main focus is automotive news, but I’ve also written about politics, lifestyle, and entertainment.
