Galicia and Toyota join forces to promote the growth of the Mipyme segment

Toyota Compañía Financiera and Galicia held a new commercial alliance with the objective of expanding financing for one of the country’s productive sectors.

This collaboration, between two leading entities in the financial market, will allow companies and individuals with MSME certification to access credits with very competitive rates and favorable terms. Besides, Clients will be able to benefit from a “grace period” that will allow them to recover their initial investment without additional expenses.

The new collateral credit line, designed especially for the MSME segment, offers a TNA from 32% and allows financing up to 90% of the cost of Hilux, SW4 and Hiace vehicles. Terms are 60 months, with the attractiveness of the 12-month grace period. The few requirements include having the certificate Mipyme, open an account in Galicia and meet the entity’s credit rating criteria.

Daniel CastroCommercial and Marketing Director of Toyota Compañía Financiera Argentina: ““We are very pleased to have concluded this agreement, which facilitates access to Toyota vehicles for our Hilux, SW4 and Hiace customers.”

For its part, Marcelo Iraola, Wholesale Banking Manager of Galicia, added: “We are convinced that this alliance will allow companies to access personalized financial solutions, facilitating their growth in an increasingly competitive market.”

Florencia Román, Commercial Alliances Manager of Galicia, said: “This agreement reinforces our commitment to promoting the growth of companies in the country, providing access to financing and solutions that enhance their development and competitiveness.”

Alejo Rawson, CFO and CRO of Toyota Compañía Financiera Argentina: “This agreement is the result of several months of joint work between the TCFA and Banco Galicia teams.”

“With this agreement, at Toyota Compañía Financiera we reaffirm our commitment to small and medium-sized businesses, which, through investment and job creation, drive the growth of the country,” said Eduardo Espinelli, president of Toyota Compañía Financiera.

Those interested should go to an Official Toyota Dealer, where a commercial representative assigned to this plan will provide the necessary assistance to resolve queries and obtain credit.