Learn how BFA can make your dream come true.

Signing up
1º Visit your nearest Branch and open a Salary Account
2º 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