Banco Agrícola de El Salvador (BANDESAL)

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Banco Agrícola de El Salvador (BANDESAL)

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About Banco Agrícola de El Salvador (BANDESAL)

Banco de Desarrollo de El Salvador (BANDESAL) is the national development bank of El Salvador. It was established to promote economic growth by providing financing, guarantees, and technical support to businesses and productive sectors in the country. The institution focuses mainly on supporting micro, small, and medium-sized enterprises (MSMEs), entrepreneurs, and investment projects in sectors such as agriculture, manufacturing, services, infrastructure, and technology.

Amount

EC$500 - EC$500,000

Tenor

1 - 36 months

Min. Approval Time

24 hrs

Countries

Created On

March 2026

Last Updated

March 2026

Requirements

The basic requirements to apply for a loan on Banco Agrícola de El Salvador (BANDESAL) include:

  • •   Valid national ID or passport of the applicant or business owner.
  • •   Business registration documents (for companies or entrepreneurs).
  • •   A detailed business plan or project proposal explaining the purpose of the loan.
  • •   Financial statements or proof of business income.
  • •   Bank statements showing financial activity and capacity to repay.
  • •   A credit evaluation confirming the borrower is financially solvent.
  • •   Documentation related to the investment or project being financed.
  • •   Collateral or guarantees depending on the loan program.
  • •   Compliance with eligibility criteria for SMEs, entrepreneurs, or productive sectors targeted by the program

How to Apply

To apply for a loan with Banco Agrícola de El Salvador (BANDESAL), visit the lender's website and click on "Get Started." If you meet the eligibility criteria and agree with the terms, complete and submit the online application form.


Alternatively, you can download the lender's app on Google Play StoreorApple App Store.

This lender claims it can approve applications on the same day they are submitted and disburse funds within 24 to 72 hrs.

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