Types of credits according to SBS

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Do you know what the types of credit are according to the SBS ? It is important that you keep this information in mind for efficient credit and collection management in your business. Whether you are a company in the financial or fintech sector aiming to offer these services, or a private company that will offer this benefit to its clients, knowing the types of credit allowed in the country will help you comply with the regulations that apply to each of them.

What will you find in this text?

Types of credits in Peru. Which ones are allowed by the SBS?

1. Corporate credits

2. Credits to large companies

3. Loans to medium-sized companies

4. Small business loans

5. Credits to microenterprises

6. Revolving consumer credits

7. Non-revolving consumer credits

8. Mortgage loans for housing



Types of credits in Peru. Which ones are allowed by the SBS?
When we talk about types of credit according to the SBS , we find buy targeted email list ways of categorizing them. The ones we will see in this publication are the credits by type , but the credits can also be classified according to the risk category of the debtor, by modality or credits by situation.

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Regarding the classification “by type”, we find 8 alternatives accepted by the SBS. Below, we explain each of them.

1. Corporate credits
This is a type of credit that takes into account the client's annual sales level. In this sense, corporate credits are those granted to companies that exceed 200 million soles in sales in the last two years. This information is obtained from the audit of financial statements.

As for which companies could apply for this type of credit, mining companies, as well as industrial conglomerates, are business models that could request it. Although it could also be a loan requested by financial entities or local or regional governments.