In a gesture of direct support for the liquidity of the productive sector Bank of the Argentine Nation (BNA) Announced the launch of a bonus payment helpline. This financial instrument, essential on the eve of the expiration of the Supplementary Annual Compensation (SAC), seeks to relieve pressure on companies’ working capital and ensure compliance with business obligations.
The Bank’s initiative is presented as a tangible, high-impact solution, tailored to MSMEs and large enterprises from all sectors, offering preferential terms at a time of high demand for liquidity.
Preferential price makes a difference
The main attraction of this line lies in its financial cost. andThe Philippine National Bank has arranged loans in pesos with a fixed and preferential interest rate starting at 35%, a condition that is positioned very competitively compared to other financing alternatives. Available in the market.
They stressed from the entity that this rate represents an effort to reduce financial costs for companies, which is a crucial factor for maintaining competitiveness and economic health in an inflationary context.
Sources from the institution confirmed that “Banco Nación accompanies companies by helping to reduce costs, support activity, promote the country’s economic development, and promote concrete financial solutions for Argentine productive sectors.”
Terms and scope of the line:
• Destination: Funds are awarded Exclusively to finance the Supplemental Annual Salary (SAC) payment, Ensuring that credit meets its social and labor purpose.
• Amount and coverage: The line allows financing Up to 100% of salaries In accordance with the reward, without setting a specific limit on the amount, adapting to the real need of each company.
• Amortization period: Businesses have up to 150 days to cancel the entire credit. This time margin provides flexibility and allows payment to be aligned with the production cycle or the trade cycle after disbursement.
• Disbursement method: The entire credit is delivered in one lump sum, making it easier for companies to plan and meet the obligation by the statutory due date.
Required documents:
The line already operates throughout the national territory. Interested companies can process the application through the company’s digital channels or in branches, submitting the usual documentation for corporate loans and specific documents to justify the destination of the fund.
Although the exact requirements may vary depending on the credit profile, size of the company (MSME or large corporation) and whether they are regular clients of BNA, in general the following are required:
• Legal status: statute, social contract or foundation documents (as applicable), duly registered.
• Current authorities: the latest association minutes appointing authorities and proof of registration.
• Proof of address: fixed service bill (electricity, gas, telephone) or real estate tax in the name of the company.
• AFIP Registration: Proof of registration with the Federal Department of Public Revenue (CUIT).
• SME Certificate (if applicable): For companies that qualify as an SME, providing this certificate may be crucial to access discounted terms and prices.
Accounting and financial information:
• Required balances: The company’s most recent commercial balances, certified by a chartered accountant, according to the period of legal validity.
• Affidavits: Most recent income tax returns.
• Credit standing: Reports and certificates that prove the company’s good credit standing before the Central Bank (BCRA) and other organizations. Not being in credit positions 3, 4 or 5 (high insolvency risk) will be especially appreciated.
Specific documents for the reward:
• Payroll: A detailed list of employee payrolls and the Supplemental Annual Compensation (SAC) amounts to be paid.
• Proof of contribution payment: information proving compliance with the employer’s obligations and contributions to the social security system (ANSES/AFIP) corresponding to previous periods.
About The Author
