Financing for Exporting Companies

It is a loan aimed at financing the following:

• Working capital and/or acquisition of all kinds of goods including temporary import of inputs related to the production of goods for export.
• Investments: including the financing of new, national or foreign machinery and equipment to be used in the production of goods intended for export or enabling to increase the production of goods for export.

Users

Exporting companies from all economic sectors having an inflow in foreign currency from their exports sufficient to cancel the financing granted.

Characteristics of the Loan

Currency: US Dollars.

Loan Amount: It shall be fixed for each user according to the customer risk and consistent with the estimated inflow of foreign currency from their exports.

Term:
Loans aimed at financing Working Capital: Minimum: 30 days/Maximum: 18 months.
Loans aimed at financing Investments: up to 5 years.
In both cases, the agreed term shall result from the individual assessment of each case and shall be consistent with the customer’s reputation and the estimated inflow of foreign currency from their exports.

Repayment: Maturities shall be established according to the individual assessment of each case and shall be consistent with the estimated inflow of foreign currency from their exports. Financing may be repaid on a monthly, bimonthly, quarterly or biannual basis.

Requirements

• Credit relationship with BNA.
• Users shall be registered with the Registrar of Exporters and Importers of the Argentine Customs General Department (DGA). In addition, they shall submit an affidavit stating that they shall not receive additional export financing exceeding, in the aggregate, 80% of the estimated inflow of foreign currency from their exports.
• Guarantees at BNA’s discretion.