How to create and formalize a loan company in Peru

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When it comes to entrepreneurship, there are several options, one of them is to take advantage of the capital we have to provide loans and generate profits by collecting interest. However, is it a crime to lend money with interest in Peru ? In theory, no, as long as you are a regulated company. So how do you create a loan company in the country? Also, how can collection software in loan management help you reduce the financial risk caused by high default rates?


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How to create a money lending company - Peru?

Requirements for creating a loan company

Be careful! Avoid these mistakes that can cancel your registration in the SBS registry

Comply with your obligations to continue having the SBS authorization

How can debt collection software help you reduce the risk of late payments?

How to create a money lending company - Peru?
In Peru, there are many informal businesses, including those buy targeted email list to money lending. However, it is essential to formalize this activity, whether it is a company or a natural person who lends money.

To achieve this, there are two alternatives:

If you are a natural person, you must formalize yourself as a natural person with a business.
If it is a company, it is necessary to establish a legal entity.
It is best to form the loan company as a legal entity, since in this way the company's resources are separate from the natural person. Remember that, in the document to formalize your company, you must include in the corporate purpose section that your organization will be regulated by the Superintendency of Banking and Insurance (SBS) and the Financial Intelligence Unit (UIF).