A loan from Province Bank allows beneficiaries to access credit of up to $50,000,000 to be paid in 6 years. The plan is provided for a specific purpose: the purchase of 0km motorcycles.
How the Banco Provincia loan works for the purchase of a motorcycle
From the banking institution they detailed that the award of this credit line It works in two parts. First of all, the interested party must go to a motorcycle dealership that is located adhered to the Banco Provincia program and request that the business issue a pro forma invoice.
After obtaining the aforementioned document, the beneficiary must go to a Provincial Bank branch. The interested party may request an earlier appointment through the online system, where they must enter their CUIT/CUIL/DNI number.
Once at the bank branch, the client must present the pro forma invoice obtained at the participating store and You may request up to 100% financing of the amounts included in the document. The plan coverage reaches Value Added Tax (VAT).
The total amount delivered by the financial institution must be the same as the one that appears on the pro forma invoice obtained previously. In this way, the credit can go from the $100,000 until the $50,000,000.
The impact of personal income from fees cannot exceed 35%. They will be paid with a system of french amortization: with constant fee, decreasing interest fee and increasing capital amortization.
This line of credit can also be prepaid, with a 4% commission. But, if at least a quarter of the financing term has elapsed or more than 180 days have passed since it was granted, The appointed commission will not be applied.
It should be noted The award of this loan is not automatic. Once the pro forma has been submitted, the interested party is subject to approval of a credit evaluation.
Who can access the loan from Banco Provincia
According to details from the institution, you may be beneficiaries of this loan line all human persons subject to creditwho receive assets in the bank. Those individuals subject to credit, monotributists or self-employed who may also enter the plan. they do not receive salaries in the bank. In this way, to request credit you must:
- Find the nearby motorcycle dealership participating in the Banco Provincia program.
- Choose a motorcycle and request a pro forma invoice from the company participating in the advance award system.
- Show up at the branch of Banco Provincia.
- Wait for the result of the credit evaluation.
- If awarded, the credit allows you to finance up to 100% of the pro forma invoice for the 0km motorcycle.
Source: Ambito
