Biocredit 3.0.2

Welcome to BioCredit. As a legally established Colombian Fintech and a proud member of Colombia Fintech, we offer a fully online financing solution with immediate approvals through a network of diverse credit partners, including banks, financing companies, cooperatives, and other Fintechs. Our loans range from $300,000 to $20,000,000, with repayment terms spanning from 3 months (90 days) to 48 months (1,460 days).

Upon completing the loan application process, you will have access to detailed cost breakdowns from each of our partnered credit entities, allowing you to select the option that best suits your needs. For example, if you request a 12-month loan of $1,000,000 with one of our affiliates, the details would be as follows:

• Requested Amount: $1,000,000
• Term: 12 months
• Effective Annual Interest Rate: 19.56% (1.50% Monthly)

Monthly Payment Description:

• Principal: $76,680
• Interest (19.56% Effective Annual): $15,000
• Collateral (Optional): $0
• Digital Credit Processing Fee (Optional): $0
• Total Fixed Monthly Payment: $91,706

Subsequent Payments (Months 2 to 12): $91,706

After making your 12th payment, you will have fully repaid your loan.

The current maximum legal effective annual interest rate in Colombia for September 2022 is 35.25% E.A.

In this example, you will pay a total of $91,706 each month for the duration of the loan. You also have the flexibility to repay the loan early without any additional fees or penalties.

Our application provides multiple credit offers so you can choose freely. Throughout the process, BioCredit ensures transparency regarding any additional fees from the credit entity and keeps you informed about your monthly payments.

We specialize in financing for purchases at merchants affiliated with our network. In the partners section of our application, you can explore a variety of merchants for a seamless shopping experience that allows you to buy now and pay later, all while ensuring the utmost security for your personal information.

If you would like more information on how we protect your data, please consult our Privacy Policy at https://www.bio.credit/politicas-de-privacidad/ or our Terms and Conditions at https://www.bio.credit/terminos-y-condiciones/.

We are always available to answer any questions you may have through our various social media channels or via email at [email protected].

BioCredit Colombia S.A.S.
NIT. 901.497.544-6
Members of Colombia Fintech
Supervised by the Superintendence of Industry and Commerce.