He Agrarian Bank It is one of the most popular of Colombia since through this entity payment is made to the beneficiaries of subsidies and outstanding programs. However, that is not its only function since it also focuses on those producers and small entrepreneurs seeking credit and economic relief that allows them to carry out their businesses.
The different credits offered by Banco Agrario
According to the Bank’s own website, these offers are designed to “finance some activities such as businesses or productive activities, buying houses, cars, goods and services, trips, etc. There are different types of credit that can be accessed according to your needs.”
On the other hand, “It is important to define what destination it is going to be given and know the benefits or costs of each type of credit.”
These initiatives are aligned with the national government’s objectives to promote sustainable development and improve the competitiveness of the countryside in Colombia.
-Commercial credit: Aimed at companies to finance the acquisition of goods or the payment of services.
-Microcredit credit: Small and medium-sized businesses can access this type of credit to finance their business.
-Consumer credit: It is aimed at people who want to purchase goods.
-Mortgage credit: It is used to finance the acquisition of a property, generally in the long term.
-Agricultural Credit: It is used to finance different phases of the production process of agricultural, aquaculture and fishing goods.
(READ: How do I know if I have a VAT payment in SuperGIROS?)
Banco Agrario – How long can it take to approve a loan?
Facebook: Agrarian Bank.
What benefits can be obtained at Banco Agrario?
1) In the first instance, the ease of receiving advice since the Banco Agrario is available in 98% of Colombian territorywhich means being present in more than 1,000 municipalities.
2) Interest rates and grace periods are adapted according to the applicant’s productive activity.
3) The close ties with unions and other companies allow the financing of investments that improve the productivity and competitiveness of the agricultural and agroindustrial chain.
(FURTHER: VAT refund 2024: link to check if you are a beneficiary with an ID)
