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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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