The BTF launched credits to assist companies in the payment of salaries and a half bonus

by time news

2023-06-17 23:41:57

economy

02:07 | The new loans have a fixed interest rate, a maximum term of 6 installments and a 3-month grace period for both interest and principal. This assistance will be available to those companies that accredit their employees’ salaries in the BTF.


He Tierra del Fuego Bank (BTF)together with representatives of the Chambers of Commerce of the three cities of the province, announced the launch of new short credit lines, specially created with special conditions to provide support to local companies in the payment of monthly salaries and the mid-term tranche year of the Complementary Annual Salary.

The new loans have a fixed interest rate, which to date is around 83%, a maximum term of 6 installments, and a 3-month grace period for both interest and principal. This assistance will be available to those companies that accredit their employees’ salaries in the BTF, and the maximum amount will be up to 50% of the average of accreditations declared by the company, for the payment of the Christmas bonus; and up to 2 payrolls for the settlement of salaries.

In a challenging macroeconomic context, these financial tools, with highly beneficial conditions, allow merchants and businessmen in the Province to face the payment of salaries and the Christmas bonus with fewer difficulties. In this sense, the representatives of the Chambers of Commerce expressed their gratitude for the willingness of the BTF to develop this type of solution, and highlighted the fluency in communication with the entity’s staff in the face of different concerns from its associates.

In addition, they reaffirmed their commitment to continue working so that more and more companies choose Banco de la Provincia as their main vehicle to carry out their financial and commercial operations.

To receive more information and request these help lines, those interested should go to any of the exclusive service locations of Banca Empresa: JM de Rosas n° 37, in Ushuaia; July 9, No. 767, in Río Grande; or to the Tolhuin branch, Minkiol 331.

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