The financing mechanisms are offered by the City Bank and are already available for users. They will reach $ 20,000,000.
The City Bank confirmed the launch of a new credit line of up to $ 20 million pesos. The general deputy manager of the Banking of Persons of Banco Ciudad, Maximiliano Coll spoke with this media in the debate field Where he said that today the banks returned “To give the private sector” and gave details of the proposal.
“We have one Specific line for shops that today starts at 35% fixed rate, 24 installments, free account“He explained and then added that” competition in some segments is generating that the offer that is reaching SMEs is really interesting. “
As the institution said, it is aimed at strengthening commercial activity and will seek to finance Working capital, purchase of equipment, spare parts and/or remodeling.
The new credit line of Banco Ciudad
According to Coll, the financing mechanism It will be 24 months with preferential fixed rate from 35% TNA. In this regard, Guillermo Laje, president of the City Bank, explained: “We design new proposals to face the challenges that have to do with a better finance management and project financing that boost the commercial activity of entrepreneurs in the city of Buenos Aires ”.
Ciudad.jpg Bank
Credit, in addition, offers an exclusive account that Allows you to sell with cards, QR and payment button With a benefit differential that consists of a 30% discount for purchases made by customers in trade, paying with BUPP, the digital wallet of the City Bank. The line also offers The possibility of paying in 6 installments without interest with the visa or mastercard cards of the entity.
On the other hand, special banking services for shops include accounts in pesos and dollars and a post -wireless terminal (For payments with debit card, credit and prepaid – band, chip and contactless) bonus for one yeartogether with the bonus of the first checkbook and an optional turn of turn into account, as well as Debit card, point of sale QR and button or payment link. Through this comprehensive proposal, trade can offer 6 installments without interest with the city’s visa and master cards, and also simple fee, collect with all cards and payments with transfer of all wallets.
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“It is a good time for SMEs in relation to banks because I would tell you that today the best offers have them linked to companies. The relationship with SMEs, as we see it, It is very productive very wide and is a segment in which we always want to be“Coll said in dialogue with this medium.
The details of the Ciudad Bank credits
- Credit subject: CABA businesses (natural persons and legal persons) MSMEs.
- Destination: working capital/ spare parts/ equipment. Maximum motion: $ 20,000,000.
- Term: Up to 24 months, with up to 6 months of grace for the payment of capital.
- Rate: fixed from 35% TNA
- System: French
- GRANTING COMMISSION: BONIFY
Source: Ambito
