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(opens in a new tab)Biocredit
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Other LenderFintech
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Go to Website (opens in a new tab)About Biocredit
BioCredit is a fintech company specializing in online credit processing for consumer purchases at physical retail locations and e-commerce platforms. It enables users to "Buy Now and Pay Later" with credit limits ranging from $100,000 to $200,000,000, often at interest rates starting from 0%. This allows users to pay in flexible installments. For businesses, BioCredit provides a financing option for customers, delivering immediate cash payments to merchants, thereby boosting sales. Additionally, BioCredit collaborates with financial institutions, leveraging cutting-edge technologies like biometrics and machine learning to streamline customer financing and corporate services.
Amount
COP 0 - COP 20,000,000
Tenor
1 - 48 months
Min. approval time
24 hrs
Countries
Created on
November 2024
Last updated
June 2025
Requirements
The basic requirements to apply for a loan on Biocredit include:
- • Have a valid identity card
- • Complete the required information in the application
- • Be a natural person for user loans
- • For businesses, be registered with the Chamber of Commerce
- • Possess a RUT for business registration
How to Apply
To apply for a loan with Biocredit, 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 Store.
This lender claims it can approve applications on the same day they are submitted and disburse funds within 24 to 72 hrs.
