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Loans

Productive Loan

Financing for your business or venture.

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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.

Productive Loan
I want it

Choose your financing type

Finance what your business needs, when it needs it.

Recommended

Working Capital

1.3% monthly for daily ops
  • Finance inventory, materials and operating expenses
  • Term up to 36 months
  • 48-hour business approval
  • No real guarantee up to $50M
Entrepreneurs and SMEs needing operating liquidity.
I want it

Asset Investment

1.2% monthly to grow
  • Buy machinery, equipment and vehicles
  • Term up to 84 months
  • Grace period up to 6 months
  • Amortization by cash flow
Businesses ready to expand productive capacity.
I want it

Infrastructure

1.15% monthly long term
  • Purchase or renovation of stores, offices, warehouses
  • Term up to 120 months
  • With property mortgage
  • Free architectural review
Medium companies needing own premises or physical expansion.
I want it
Benefits

What does it offer?

Amount from $5M to $500M COP

Terms up to 84 months with grace period

Rate from 1.3% monthly by sector

Business plan accompaniment

Flexible amortization options

Everything you need to know

Know more about your credit

Everything you need to know at a glance.

Amount
$5M to $500M COP
Term
Up to 84 months
Rate from
1.3% monthly by sector
Grace period
Up to 6 months
Advisory
Business plan included
Amortization
Flexible by cash flow
Coverages and uses

What can you finance?

These are the coverages and uses of your loan.

Working capital

Finance inventory, raw materials and operating expenses.

Machinery and equipment

Buy or renew machinery, equipment and productive vehicles.

Infrastructure

Purchase or renovation of stores, offices and commercial warehouses.

Expansion and growth

Finance new branches, production lines or expansion projects.

Simulate your Crédito Productivo
Calculator

Simulate your Crédito Productivo

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

Entrepreneurs, merchants and growing SMEs.

Interested?

Write to us and an advisor will get in touch.

Request more information
All included

Mandatory insurance included

Integral business protection that shields your operations and loan.

Debtor + key person

Covers loan balance in case of death or disability of holder or key business person.

Productive asset insurance

Protects financed machinery, equipment and inventory against theft or damage.

Monthly premium of 0.55%

Calculated on loan balance; paid with monthly installment.

Requirements to get it

Requirements to obtain it

To finance your business, working capital or productive asset.

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.

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).

Legal entities / companies

  • Legal existence & representation certificate under 30 days old.
  • Updated RUT and current shareholder composition.
  • ID of the legal rep and shareholders holding over 5%.
  • Last two (2) years of financial statements signed by rep and accountant.
  • Board minutes authorizing the product opening.

Business or project documentation

  • Detailed investment plan with specific use of proceeds.
  • 24-month projected cash flow.
  • Quotations or proformas of machinery, equipment or supplies to purchase.
  • Minimum twelve (12) months of business activity.

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 Productivo" 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 Productivo".
  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 1.30% monthly
Effective annual rate 16.77% 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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