What are the loan conditions of CUE?
The CUE participate and / or mid-long term loans with short terms, ranging from 6 months to 2 years, depending on the request of the project to be financed As well as fixed interest rates, the SES can offer revisable fixed and convertible rates, allowing for changing the formula rate of interest during the life of the loan on certain dates or periods. They are usually a single installment at the end of the project. CUE variable rate loans are usually available to the average value of loans and bank finance In addition to lending rates in general, the SES does not require use of commissions, but on equity ‘use of’ plant or project. It also called expenses for the evaluation of a project and legal and accounting services, which are generated during the evaluation. These are normally paid at all ‘provision. The SES also requires adequate security for its loans, such as that provided by a bank or a banking syndicate, a financial institution, or a large diversified parent company with a goo
