Credit Tied to Sustainable Performance

arrow-long-down

Credit Tied to Sustainable Performance

arrow-long-down

Credit Tied to Sustainable Performance

remove

It is a long-term loan that acknowledges the companies’ commitment to sustainable development through a better financing rate by meeting one or more environmental/social indicator goals within a set period agreed upon at the beginning of the loan.

Benefits & Characteristics

Financing amount per operation

icon-cash

Minimum amount: COP 20.000 MM
Maximum amount: According to the client’s borrowing capacity and subject to the resources availability for this product.

Principal payment frequency

icon-calendar-premium

Monthly
Quarterly
Semi-annually or annually
With a payment plan (payment of principal on a non-regular basis)

Terms

icon-month

From three to seven years. 36 to 84 months

Principal grace period

time

Possibility to agree on the principal grace periods

- icon-cash
- More reasons to access credit
- Interest rate reduction from the first indicator measurement period –depending on compliance with the indicators.
- Drive for having a more sustainable company through ESG (Environmental, Social and Corporate Governance) indicators management.
- Support in establishing sustainability indicators.
- Flexible financial conditions can be agreed upon to suit the cash flow.
- Leveraging medium- and long-term financing needs.