CreditAuto
Finance the vehicle your company needs.
It is a commercial line of credit intended to finance vehicles associated with a commercial activity of companies or natural persons with business, such as cargo transportation, passengers, messaging, taxis, executive use, among others.
Characteristics
- The maximum financing term is 5 years.
- For individuals or legal entities active in excess of 160 SMMLV. For individuals, annual sales exceed 290 SMMLV and for legal entities 425 SMMLV.
- Financing and terms are defined according to the vehicle model to be financed.
- A pledge is required without possession of a vehicle in favor of the entity and all risk insurance.
Profits
- Personalized attention at the Bank's offices.
- Does not require a co-signer, subject to the client's credit capacity.
- Possibility of making extraordinary payments or prepaying the credit without any penalty.
- Complete credit status information in the monthly statement.
