The cooperative bank offers this line to companies that pay salaries through the entity. The loan will be granted at a fixed rate of 29% per year and with a term of up to six months.
Banco Credicoop launched its traditional Credit for the Payment of Bonusesa line available for small and medium-sized businesses ( SMEs) who pay salaries through said financial entity. The loan will be granted at a nominal annual rate (TNA) fixed 29%already a period of up to six months.
Besides, Beneficiaries will have the possibility of paying the first installment only after 60 days. From Credicoop they explained that the credit can be requested quickly and without additional procedures in any of its 276 branches throughout the country and stressed that, through this measure, the bank “reaffirms its commitment to assist SMEs in our country , contributing to its development, encouraging the completion of its projects and supporting those who work and produce.”
It is worth remembering that in December registered workers have the right to collect the second installment of the Annual Complementary Salary (SAC), or bonus, which is equivalent to the highest remuneration of the last semester.
It is worth noting that, in addition to this line, Credicoop has the following credits:
- Express coupon paymentwhich allow funds corresponding to sales to be available in 48 hours in one payment
- Investment creditsintended for the acquisition of capital goods or investment projects
- Credits for exclusive agreementswith leading companies to access goods at discounted rates
- Evolution Creditsto meet short-term commitments
- Leasinga system to meet the modernization and re-equipment needs of companies
Source: Ambito
I am an author and journalist who has worked in the entertainment industry for over a decade. I currently work as a news editor at a major news website, and my focus is on covering the latest trends in entertainment. I also write occasional pieces for other outlets, and have authored two books about the entertainment industry.
