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Grupo Bancolombia

Sustainability

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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.  

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Benefits & Characteristics

Financing amount per operation

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  • 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

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

Terms

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From three to seven years. 36 to 84 months

Principal grace period

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Possibility to agree on the principal grace periods

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    • 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.
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