Banco de credito a la construccion sa

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In the case of the credit life insurance: you may endorse a life and accident insurance policy with a sum insured of at least the amount of the loan you are applying for. If you are applying for a joint life and accident insurance policy, your spouse must also endorse a policy with similar coverage and sum insured.

In the case of all-risk insurance: you may endorse an all-risk insurance policy whose insured sum is at least the reconstruction value indicated in the appraisal made by the appraiser.

This is the procedure by which we, through an expert appraiser, validate the feasibility of the execution of the work. For this, the appraiser analyzes the technical, economic and urbanistic aspects that you provided us.

This is the procedure through which our expert appraiser quantifies the progress of a work on a given date. The purpose of this procedure is to verify the progress of the work according to plan, the fulfillment of the estimated budget and the correct use of the money advanced.

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In the case of the credit loss insurance: you may endorse a life and accident insurance policy whose insured amount is at least the amount of the loan you are applying for. If the credit life insurance you are applying for is of the joint and several type, your spouse must also endorse a policy with similar coverage and sum insured.

In the case of all-risk insurance: you may endorse an all-risk insurance policy whose insured sum is at least the reconstruction value indicated in the appraisal made by the appraiser.

This is the procedure by which we, through an expert appraiser, validate the feasibility of the execution of the work. For this, the appraiser analyzes the technical, economic and urbanistic aspects that you provided us.

This is the procedure through which our expert appraiser quantifies the progress of a work on a given date. The purpose of this procedure is to verify the progress of the work according to plan, the fulfillment of the estimated budget and the correct use of the money advanced.

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Social Interest Housing Loan Guarantee Fund. The FOGAVISP is a fund destined to grant guarantees for social housing loans and loans destined to the productive sector where part of the financing is guaranteed in addition to the required own contribution. Up to 20% of the loan for social housing and up to 50% for loans to the productive sector. Access to the guarantee provided by FOGAVISP will be based on the borrower’s payment capacity. This fund will be administered on the basis of the following regulations:

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Depending on the type of project and your experience developing similar works, BCP finances up to 80% of the cost of the project, with your contribution being at least 20% of the total cost of the project, which includes the cost of the land, plans, studies and licenses.

If you have any questions or require more information about the product, please contact the Construction Credit Unit by calling 313-2000 extensions: 37196, 30023, 30016, 30022, 98882; or send an email to the following address:  [email protected]