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Back to Back Loans

These loans are available for individuals or corporations using a time deposit as collateral.
The time deposit may be owned by the debtor or the shareholders. The transactions under this type of financing can be used for:

 

Investment plan: Short term for the purchase of inventory and/or raw materials, etc. Medium term financing can be used for the purchase of fixed assets or any other investment project.

 

Term:   It is flexible and determined by the term of the Time Deposit.

 

Benefits

  • Depositors may obtain a better yield on the funds placed at BICSA by investing them in their commercial activities.
  • We offer a personal service and the customer has a Business Executive assigned to assist them

For more information:
BICSA Miami Agency - Personal Banking Department

Tel. 305.455.3100
E-Mail: Contact here

 

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