“Special Conditions for Pre-Export Financing for Micro, Small and Medium Enterprises and Cooperatives of the Agriculture and Livestock, Industrial and Mining Sectors” – NACIÓN EXPORTA

In the context of “ARGENTINA EXPORTA” Federal Plan launched by the “Ministry of Production and Labor”, aimed at promoting Argentine exports, the following “Special Conditions for Pre-Export Financing for Micro, Small and Medium Enterprises and Cooperatives of the Agriculture and Livestock, Industrial and Mining Sectors” were established. An interest rate lower than the fee rate shall be applicable to transactions conducted under these Special Conditions.

FUNDING
From deposits in foreign currency-Communication “A” 3528, as supplemented, issued by BCRA.

TERM
Up to 180 days. Extensions for up to 180 additional days may be granted under warranted circumstances.

USERS
Micro, Small and Medium Enterprises and Cooperatives which have not exported in the last 12 (twelve) calendar months, for an amount exceeding USD 12 MM of FOB value.

AMOUNT
The portfolio balance per company subject to these Special Conditions shall not exceed USD 200,000.-

DOCUMENTS REQUIRED
The Bank shall address transactions subject to Special Conditions only under the “Base Documental” method (the application for credit assistance by the exporter shall be supported by an irrevocable letter of credit or purchase order or agreement).

SUMMARY of Special Conditions