The bank will allocate $ 500,000 million to finance those SMEs and companies that are interested in vaccinating their employees.
Bancolombia launched “Together for vaccination”, a credit line for $ 500,000 million to finance those SMEs and companies that seek to speed up their reactivation by covering the vaccination expenses of their direct employees.
The loan will have an associated interest rate between 20 basis points (bps) and 100 bps below the rate of the rest of the loans.
The credit line is aimed at SMEs and companies of all sizes and sectors that comply with the conditions established by the bank and that have previously filled out the intention form with the National Association of Colombian Entrepreneurs (ANDI), the entity that will centralize the resources for the purchase of vaccines.
Some SMEs and companies already have approved quotas that they can use to purchase vaccines. However, if they do not have it, those interested can access this line by making a credit request with their manager or in one of the more than 660 physical Bancolombia branches.
According to Cristina Arrastía, Business Vice President of Bancolombia, “we want to accompany the actors from the private sector who want to join the vaccination processes as a way to contribute to the health and life of Colombians. Our commitment to financing also seeks to contribute to a faster reactivation of their businesses, reaffirming our commitment to companies in the country ”.
The entity also reported that it is implementing an instrument for entrepreneurs to gather resources for the purchase, logistics, distribution and application of vaccines through Fiduciaria Bancolombia.
