What do they consist of?

Notarial policies encompass those notarial and commercial documents that formalize contracts inherent to the ordinary economic activity of commercial entities, mostly of a financial nature. However, contracts relating to real estate are excluded from this category.

There are different categories of policies, including loan policies, credit policies, leasing policies, factoring policies, discount policies, and pledge policies, among others.

Finally, please note that commercial policies can be requested via videoconference.

Required Documentation

• Corresponding identification documents of the signatories (National Identity Document, passport, residence permit, or Foreigner's Identity Number).

• If a company is involved, certified copies of the public deed certifying its incorporation will be required, as well as the deed demonstrating the representative powers of the person appearing at the notary's office, along with the beneficial ownership certificate.

• In certain situations, it may be mandatory to have the approval of the Board of Directors authorizing the transaction.

In what situations can this service be used?

In various circumstances, both individuals and companies require financial resources to realize their aspirations or projects.

These funds can be obtained by formalizing a loan or credit agreement with a bank.

When signing this type of agreement, it is essential to have a detailed understanding of the terms and conditions to avoid potential surprises in the future.