Are those credits granted to natural or legal persons, to finance production and commerce activities, with an income from sales, or any other profitable annual concepts, directly related to the production activity and/or commerce, that together are greater than or equal to one hundred thousand dollars of the United States of America (USD$ 100,000.00) and less than one million dollars of the United States of America (USD$ 1,000,000.00) and whose source of payment comes from those activities.

Requirements

  • Credit from filled with all the information
  • Ecuador's identity card and voting document
  • RUC's document, updated
  • Tax declarations, per year, done to the IRS
  • The last six IVA tax declarations
  • Economical report, economical balance sheet and “Income Statement” legalized and signed by an authorized accountant and updated. This reports from the last four months
  • Proofs of ownership: real state, vehicles, property tax receipts, etc
  • Credit from filled with all the information
  • RUC's document, updated
  • Inner economical balances of the last 2 years, and from the current quarter
  • The last three IVA tax declarations
  • Balance Sheet and Losses and Gains Statement
  • Invoices, sales proofs, etc
  • Documents of creation of the Company/Society and the latest changes to the bylaws of the company/society
  • Certificate of Legal Existence of the company/society, issued by the Superintendence of Companies
  • Inscription Certificate from the Merchant Records office
  • Appointments of Legal Representatives
  • Legal Representatives Ecuador's identity card and voting document
  • Special Power of Attorneys
  • Special Authorizations from the Board of Directors

Loan guarantees: Requirements

  • Co-debtor loan from signed also by the spouse
  • Ecuador’s identity card and voting document
  • Proof of income with stating the total amount received every month, or the last payroll
  • Ruc’s copy and the las three tax declarations done to the IRS, (If the co-debtor have a business)
  • Proof of any real state owned by the co-debtor, if the co-debtor has real states
  • Certification from the “Registry Property offices”, for the last 15 years, with the boundaries and owner(s) name(s) updated
  • Notarized copy of the property’s deed, to be used for the mortgage
  • No debts with the Local Municipality Certification
  • Cadastral certificate issued by the Municipality
  • Property tax payment, updated
  • Appraisal of the property carried out by a professional
  • Mortgage deed in favor of CACPE-LOJA
  • Appraisal of the vehicle
  • Copy of the registration
  • National Police Certificate and Commercial Registry Certification stating that there is no any mortgage on the vehicle
  • Vehicle insurance
  • Fixed-term document issued by CACPE Loja
  • Coverage of up to 80% of the value of the document
  • Transfer of the document in favor of CACPE Loja