Credit Tied to Sustainable Performance

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Credit Tied to Sustainable Performance

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Credit Tied to Sustainable Performance

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It is a long-term loan that recognizes companies' commitment to sustainable development (ESG) through improved financial conditions in the financing rate, once the client meets one or more of the company's environmental and/or social and governance indicator goals year after year, within a set period, agreed upon at the start of the loan with clear and challenging measurement conditions.

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.