Rehabilitation and Painting of Houses – NEW

Line of Credit to finance the rehabilitation and painting of the exterior of houses in urban and rural context, with the possibility of accumulating the rehabilitation and painting of the interior.

CREDIT LINE FOR REHABILITATION AND OUTDOOR PAINTING OF HOUSES - ENJOY THE LOWEST RATE AND PAINT ALSO THE INTERIOR OF YOUR HOUSE

Maximum Amount:

Up to 100% of painting budget or other rehabilitation budget


Term:


Maximum: 5 years.


Reimbursement:


Monthly and successive installments of principal and interest;


Interest rate: maximum up to 8%.


Variable rate:
Rate indexed to BCAINDEX6M + Spread (up to 2.75%) * 1


Effort rate:



• Up to 40% for customers with Housing Credit;
• Up to 34% for customers without Housing Credit.


Advantages



• Discount on the purchase of Paint Materials that vary from:
- 10% to 20% at Sita stores;
- 15% to 50% in NEUCE stores;
- 25% to 30% in BARBOT stores.
• Exemption of the payment of the municipal fee of construction permit in the remodeling and painting of the building / houses *
• First Free Annuity on the VISA Flex Card
• Among others


* Next to the Cameras with protocol signed with BCA.


Warranties / Comforts:



• Reinforcement or maintenance of the Mortgage of property - for customers with mortgage loans or other credits with mortgage guarantees, without incidents with the Bank


Or


• Security / Warranty,
• Pledge of financial investments, or
• Other guarantees accepted by BCA



Commissions:


Opening and Management / Restructuring: 1.5% on the amount (minimum value 1,000.00 CVE)



Anticipation of Capital:



• 2% on capital to be anticipated;
• 5% in case of transfer of credit to another credit institution.


Necessary documents




• Formalize the request by letter;
• Photocopy of identification document of the intervener (s);
• Income statements);
• Statement NIF;


• Domiciliary salary in BCA.
• Painting or Rehabilitation Budget;
• Pro forma invoice for the materials to be procured.
• And others that prove necessary


* 1 (APR 10.06%) calculated based on a credit of $ 1,000,000.00 for a period of 5 years

Quick Access

BECOME A BCA CUSTOMER

Learn the advantages of being a BCA customer, start here your relationship with our Bank.

FORMS

Here are the application forms to join the various products and services that BCA has at its disposal.

MARKETS

See the space dedicated to the Capital Markets in Cabo Verde.

BCA REAL ESTATE

Purchase an apartment, a house, a building, or a space for your business / office, through BCA.

2016 Banco Comercial do Atlântico, All Rights Reserved