CARTAGENA LINE AHEAD | Bancoldex

Approximate quota:
$ 45,000 Million

The Mayor’s Office of Cartagena and Bancóldex have designed a preferential credit solution aimed at the reactivation of companies in the region while the current situation is overcome, with the following conditions:

Working capital: Raw materials, supplies, payroll and other operating costs and operating expenses.

Fixed investment: Investments in fixed assets, including the leasing operation, that help to reactivate economic activity, including investments aimed at guaranteeing biosecurity in the operation of the company.

Liability substitution is excluded.

  • PERIOD OF GRACE TO CAPITAL

Twelve (12) mandatory months of grace.

Working capital: Up to three (3) years.

  • MAXIMUM AMOUNT PER COMPANY

Rediscount mechanism:

For micro-businesses: Up to one hundred million pesos (COP 100,000,000)

For small companies: Up to three hundred million pesos (COP 300,000,000)

For medium-sized companies: Up to five hundred million pesos (COP 500,000,000)

Microfinance credit mechanism:

Up to fifty million pesos (COP 50,000,000)

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