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Loans

Free Investment Loan

The money you need for whatever you want, at fair rates.

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Note: The calculation shown is for informational and reference purposes only. The installment shown does not include the mandatory insurance associated with the loan. The final value is subject to the credit study, approval conditions and applicable costs.

Free Investment Loan
I want it

Choose your plan

Tailor your loan to your financial profile.

Recommended

Traditional

1.4% monthly fixed rate · single disbursement
  • Single amount disbursed to your account
  • Fixed monthly installment from month 1
  • 6 to 60 month terms
  • No prepayment charges
Planned purchases with clear budget and stable installment.
I want it

With Grace Period

1.5% monthly first 3 months interest only
  • 3-month grace (interest only)
  • Then fixed installment up to 60 months
  • Ideal to start without pressuring cash flow
  • No prepayment charges
When you need time before paying full installment.
I want it

Variable Rate

DTF + 5% quarterly adjustment
  • DTF-linked rate with lower initial rate
  • Benefit when market rates fall
  • Terms up to 60 months
  • Installment recalculated quarterly
Profile assuming rate risk seeking potential savings.
I want it
Benefits

What does it offer?

Amount up to $100M COP based on profile

Terms from 6 to 60 months

Rate from 1.4% monthly (nominal)

24-hour disbursement

No co-signer up to $30M

Everything you need to know

Know more about your credit

Everything you need to know at a glance.

Max amount
Up to $100M COP
Term
From 6 to 60 months
Rate from
1.4% monthly / 18.16% EAR
Disbursement
24 business hours
No co-signer
Up to $30M COP
Advisory
Free personalized
Coverages and uses

What can you finance?

These are the coverages and uses of your loan.

Vacations and trips

Finance your dream trips with comfortable installments and fast disbursement.

Home improvements

Renovate your home, change furniture or improve your property.

Debt consolidation

Unify multiple debts into a single manageable monthly payment.

Education

Finance tuition, postgraduate studies, courses or certifications.

Health

Cover medical treatments, surgeries or unexpected health expenses.

Personal entrepreneurship

Finance tools or inventory for your personal business.

Simulate your Crédito Libre Inversión
Calculator

Simulate your Crédito Libre Inversión

Calculate your exact installment before requesting.

Our simulator shows you the amount, term and estimated monthly installment. No commitments.

Go to the simulator

Ideal for

For vacation, remodeling, debt payment or any need.

Interested?

Write to us and an advisor will get in touch.

Request more information
All included

Mandatory insurance included

Life insurance for the debtor protects the loan balance against any event.

Debtor life insurance

Covers the full loan balance in case of death or total permanent disability of the holder.

Serious illnesses

Balance advance upon diagnosis of cancer, heart attack or stroke.

Monthly premium of 0.35%

Applied to your loan's outstanding balance; paid with the installment.

Requirements to get it

Requirements to obtain it

To apply for your free-purpose loan.

Membership as a partner

  • Original valid national ID card (or foreigner ID for non-Colombians).
  • Be of legal age (18+) to hold the product.
  • Fill in the single INOVACOOP membership form.
  • Personal-data handling authorization (Law 1581/2012).
  • Authorization to consult and report to credit bureaus.
  • Payment of the minimum membership social contribution.

AML compliance (SARLAFT / FATCA)

  • Know-Your-Customer form (SARLAFT), duly signed.
  • FATCA / CRS form declaring foreign tax obligations.
  • Written declaration of the lawful source of funds and assets.
  • Two personal and two commercial/family verifiable references.

Income and repayment capacity

  • Employment certificate under 30 days old with role, salary, contract type and seniority.
  • Last two (2) months of payslips.
  • Bank statements of the last three (3) months.
  • Recent utility bill (under 60 days) as proof of address.

Self-employed or merchants

  • RUT (tax ID) updated within the last 6 months.
  • Income-tax return for the last two (2) years (if applicable).
  • Bank statements of the last six (6) months.
  • Chamber of Commerce certificate under 90 days old (if applicable).

Credit requirements

  • Minimum three (3) months of membership.
  • Good payment history: no active negative credit-bureau reports.
  • The installment cannot exceed 40% of net monthly income.
  • Mandatory borrower life insurance and product-specific policies.
  • Fill in the credit application and payroll deduction authorization.

Guarantees by amount

  • Joint co-borrower under the same conditions (loans over $10,000,000 COP).
  • Mortgage or pledge guarantee for loans over $50,000,000 COP.
  • National Guarantee Fund (FNG) backing according to loan line.
Documents must be current and original. INOVACOOP may request additional information based on credit or risk analysis for the product.
How to open your account

Request in a few steps

Pick your preferred channel — the process is fast and simple.

Online

100% digital
From the app or portal, without leaving home.
  1. 1 Log in to the INOVACOOP app or web portal.
  2. 2 Choose "Crédito Libre Inversión" and complete the simulator to see your installment.
  3. 3 Attach required documents digitally (ID + supporting docs).
  4. 4 Electronically sign the promissory note from the app.
  5. 5 Receive the disbursement in your INOVACOOP account in 24 business hours.
Request online

Physical branch

Personal advisory
An advisor guides you through the whole process.
  1. 1 Visit your nearest INOVACOOP branch with your original ID.
  2. 2 Ask an advisor about the "Crédito Libre Inversión".
  3. 3 Fill in the application form with the required documents.
  4. 4 Sign the physical promissory note and contract with the advisor.
  5. 5 Receive the disbursement by check or transfer the same day.
Visit a branch
Full transparency

Rates and fees

Know current rates and costs associated to your loan.

Monthly nominal rate 1.40% monthly
Effective annual rate 18.16% EAR
Debtor insurance 0.35% monthly of balance
Administration fee $8,000 COP monthly
Prepayment No penalty
Late fee Current usury rate

Rates are estimates and depend on your individual credit study.

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