Banco Promerica Guatemala review

Updated September 28, 2026 · BorrowCue Editorial Team · Facts checked September 26, 2026

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Our verdict

Banco Promerica Guatemala suits residents of Guatemala who want one established bank for personal, payday, secured and business lending alongside home purchase and remortgage. Personal loans reach GTQ 650,000 over 72, and applications use a hard credit check, hard.

Key facts

Best for
One bank in Guatemala for everyday borrowing, business finance and a home purchase or remortgage
Loan amount
GTQ 650,000 (Source, checked September 26, 2026)
Term
72 months (Source, checked September 26, 2026)
Credit check
Hard (Source, checked September 26, 2026)
Lender type
Direct lender (Source, checked September 26, 2026)
Eligibility
No minimum age stated; resident of Guatemala, identification copy, last 3 bank statements and a utility bill; merchants also need trade licence (Patente de Comercio) and RTU (Source, checked September 26, 2026)
Loan types
Personal, Payday, Secured, Business (Source, checked September 26, 2026)
Legal entity
Banco Promerica, S.A. (Source, checked September 26, 2026)
Headquarters
Guatemala (Source, checked September 26, 2026)
Founded
1991 (Source, checked September 26, 2026)
Support channels
Phone, Help-centre, Chat (Source, checked September 26, 2026)
Official website
bancopromerica.com.gt

Mortgages

Initial rate
8% to 8.5% (Source, checked September 26, 2026)
Fixed period
25 years (Source, checked September 26, 2026)
Maximum loan to value
80% (Source, checked September 26, 2026)
Purpose
Purchase, Remortgage (Source, checked September 26, 2026)
Lender type
Direct lender (Source, checked September 26, 2026)
Legal entity
Banco Promerica, S.A. (Source, checked September 26, 2026)
Headquarters
Guatemala (Source, checked September 26, 2026)
Founded
1991 (Source, checked September 26, 2026)
Support channels
Phone, Help-centre, Chat (Source, checked September 26, 2026)

Pros and cons

Pros

  • Lends direct rather than through a broker, direct lender
  • Personal loans reach GTQ 650,000 with a term of 72
  • Housing loans for purchase and remortgage start at 8% to 8.5% and fix for 25
  • Help runs on phone, help centre and chat

Cons

  • Every application carries a hard credit check, hard
  • Borrowing against a home stops at 80%
  • The GTQ 650,000 ceiling is modest next to £10,000 to £35,000 at Monzo Flex

Ready to try Banco Promerica Guatemala?

Scored 9.4 / 10 by BorrowCue.

See alternatives

Who it suits

  • Guatemalan residents with steady banking records who can take a hard credit check, hard
  • Homebuyers and remortgagors, since housing loans cover purchase and remortgage
  • Traders and merchants, who add a trade licence and RTU to the usual paperwork

Who should look elsewhere

  • Anyone wanting a soft prequalification instead of a hard credit check, hard
  • Monzo Flex customers, whose account-linked line runs £10,000 to £35,000
  • Borrowers who need Cashspace ES euro amounts of €100 to €5,000

Who runs it

The lender trades as Banco Promerica, S.A., Banco Promerica, S.A., and is based in Guatemala. It began in 1991 and lends directly as a direct lender rather than acting as a broker. Support runs on phone, help centre and chat, so phone, an online help centre and chat all lead back to the bank itself.

How Banco Promerica Guatemala compares

Where Banco Promerica Guatemala is available

Available
Guatemala

Countries from the brand (Source, checked September 26, 2026)

Frequently asked questions

How much can I borrow on a personal loan?+

Personal loans reach GTQ 650,000 and are arranged over a term of 72. The bank also lends personal, payday, secured and business products, listed in personal, payday and secured.

What credit check will I go through?+

The check is a hard credit check, hard, so a decision is made on your full credit file at the point of application rather than through a soft prequalification.

Can I get a home loan or remortgage here?+

Housing loans cover purchase and remortgage, and the rate starts at 8% to 8.5% with a fixed period of 25. Borrowing is capped at 80% of the property value.

Which types of loan does the bank offer?+

The catalogue covers personal, payday and secured lending under one roof. It also states no minimum age, asks residents of Guatemala for a copy of their identification, recent bank statements and a utility bill, and merchants add a trade licence and RTU.

How do I get in touch with the bank?+

Support runs on phone, help centre and chat, which covers a phone line, a help centre and chat. The bank trades as Banco Promerica, S.A. from GT and has operated since 1991.

Sources

Compiled from 6 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: APR, Arrangement fee, Funding time, Representative example.

Banco Promerica Guatemala

One bank in Guatemala for everyday borrowing, business finance and a home purchase or remortgage

9.4/10See alternatives

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