• It's so easy to own
    a car these days

    Learn how to obtain up to 90% financing

Close

CAR LOANS

Have you picked out your new car yet? Learn how BFA can make your dream come true.

Signing up
1º Visit your nearest Branch and open a Salary Account
Simulate your Car Loan here
3º Apply for a Car Loan at your Branch
4º Submit the required documents to your Branch

Benefits
•  A loan customized to your needs
•  Competitive interest rates
•  Equal monthly instalments
•  Buying a new car through instalment payments
•  Customized service

Maximum financing amount

•  Vehicle with a market value of up to AKZ 6.000.000 - Up to 90% of the pro-forma invoice amount
•  Vehicle with a market value between AKZ 6.000.000 and AKZ 10.000.000 - Up to 80% of the pro-forma invoice amount
•  Vehicle with a market value higher than AKZ 10.000.000 - Up to 70% of the pro-forma invoice amount

Financing available for purchases of new vehicles with payment directly to dealerships.

Loan period
6 to 60 months

Documents required
•  Identification documents (ID Card and Taxpayer Identification Number) of the borrower and spouse
 Proof of marital property scheme, if applicable

Proof of earnings:

•  Statements from employers, evidence of salary and/or proof of other income
•  Submission of a commitment letter from Employers to deposit salary payments in a BFA account or, if not possible, a statement from the Client committing to transfer salary payments to BFA on a monthly basis
•  Commitment letter from the guarantor
•  Executed promissory note: by the borrower, spouse and guarantors

 

Others
• Guarantor
• Life Insurance: can be contracted at BFA branches
• Car Insurance: can be contracted at BFA branches

 

Close