Access Zero Interest Credit for Small and Medium Businesses in Valle del Cauca: Requirements and Details

Santiago de Cali, May 10, 2024. To access a zero interest credit, small, small and medium businesses in the region must meet some basic requirements when applying to the Regional Economic Development Fund, Fonder Valle, through the website. https://fondervalle.valledelcauca.gov.co/inicio

Requirements:

Be of legal age, formalize the enterprise or business and have an updated RUT and bank certificate. Please note that the business or establishment must be located in the Valle del Cauca region.

Micro-enterprises with employees of no more than 10 employees and small businesses with between 11 and 50 employees must: Copy of the ID, copy of the RUT, Chamber of Commerce certificate; of ownership share, if it is a legal entity; income certificate or financial statements; income tax return (if you are a registrant); commercial and/or personal references, and one family member; and invoice of sales and/or purchases and/or public services.

For medium-sized companies with between 51 and 200 employees, in addition to the previous documents, they must present their obligations clearly and clearly with negative reports in the risk centers, if applicable , and bank statements from the last quarter.

Remember that Fonder Valle has two lines of credit: the first goes from $500,000 to $5,200,000 with a full subsidy of the interest rate, and the second line goes from $5,200,001 to $52 million, with compensation for part of the interest rate.

Leidy Oliveros Munera

Journalist of the Government of Valle del Cauca