NexaBanco review

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

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Our verdict

NexaBanco lends directly in Guatemala, a personal loan aimed at borrowers with a good credit record and verifiable monthly income, with interest running 19% to 37% over terms of 6 to 60. A disbursement commission of 2% to 4% is added on top, and funds arrive quickly once the documentation is complete.

Key facts

Best for
A direct personal loan in Guatemala for borrowers with a good credit record and paperwork ready.
APR
19% to 37% (Source, checked September 26, 2026)
Loan amount
GTQ 5,000 to GTQ 300,000 (Source, checked September 26, 2026)
Term
6 to 60 months (Source, checked September 26, 2026)
Arrangement fee
Disbursement commission of 2% to 4% of the amount disbursed (Q1,000 on a Q25,000 loan) (Source, checked September 26, 2026)
Credit check
Hard (Source, checked September 26, 2026)
Funding time
24-48 hours (24h once documentation is complete, counted in business days) (Source, checked September 26, 2026)
Representative example
Q25,000 over 60 months at 37% nominal annual rate, one-off 4% disbursement commission (Q1,000), 47.27% effective annual interest rate, monthly payment about Q920, total payable Q56,200 (Source, checked September 26, 2026)
Rate type
Variable (Source, checked September 26, 2026)
Lender type
Direct lender (Source, checked September 26, 2026)
Eligibility
Age 20-65, permanent residence in Guatemala, verifiable monthly income from Q5,000, clean credit record with no recent delinquency, valid DPI, income proof and bank statements (Source, checked September 26, 2026)
Origination fee (%)
2% to 4% (Source, checked September 26, 2026)
Loan types
Personal (Source, checked September 26, 2026)
Credit needed
Good (Source, checked September 26, 2026)
Legal entity
Banco Nexa, S.A (Source, checked September 26, 2026)
Headquarters
Guatemala (Source, checked September 26, 2026)
Founded
2019 (Source, checked September 26, 2026)
Support channels
Email, Chat, Phone, Help-centre (Source, checked September 26, 2026)
Official website
nexabanco.com

Apps and profiles

Elsewhere
LinkedInXinstagram.com

Pros and cons

Pros

  • Lending runs GTQ 5,000 to GTQ 300,000 across terms of 6 to 60, wide enough for a mid sized personal finance need.
  • It is a direct lender, so applications go straight to Banco Nexa, S.A. rather than through a broker.
  • Support runs on email, chat and phone, so phone, chat, email and a help centre are all open.
  • Supervised in Guatemala by the Junta Monetaria de Guatemala and the Superintendencia de Bancos de Guatemala (SIB).

Cons

  • Interest of 19% to 37% sits well above the 12% median on the site, and the rate type is variable, so the rate can move.
  • A disbursement commission of 2% to 4% is taken on the amount disbursed, adding a bigger share to a small loan.
  • The credit check is hard and the credit needed is good, so a recent delinquency ends an application.
NexaBanco

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Scored 8.8 / 10 by BorrowCue.

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Who it suits

  • Borrowers with permanent residence in Guatemala, verifiable monthly income and a clean credit record who can send a valid DPI, income proof and bank statements.
  • People who prefer a direct lender deal from Banco Nexa, S.A. with amounts of GTQ 5,000 to GTQ 300,000 and terms of 6 to 60.
  • Applicants who can supply their documents quickly and want money out within the stated funding window.

Who should look elsewhere

  • Shoppers after the lowest rate: Monzo Flex quotes 10% to 23% against NexaBanco's 19% to 37%.
  • Anyone borrowing outside Guatemala, since Cashspace is the listing to check at PHP 12 to PHP 36.
  • Borrowers who want interest-free borrowing, as Cashspace ES lists 0%.

How NexaBanco compares

Where NexaBanco is available

Available
Guatemala
Licence in Guatemala
Junta Monetaria de Guatemala, checked September 26, 2026
Licence in Guatemala
Superintendencia de Bancos de Guatemala (SIB), checked September 26, 2026

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

Frequently asked questions

What does a NexaBanco personal loan cost?+

Interest is charged at 19% to 37% and the rate type is variable. On top of that sits a disbursement commission of 2% to 4% taken on the amount disbursed, so a small loan carries a proportionally small charge but a heavier share of the total.

What does the representative example show?+

The published example prices a loan at the top of the 19% to 37% range with a one off commission of 2% to 4%. The effective annual interest rate in that example is higher than the nominal rate, and the total repayable comes to more than double the amount borrowed.

How long does it take to get the money?+

The lender publishes a funding window counted in business days, and it can be as short as a day once documentation is complete. Applicants send a valid DPI, income proof and bank statements, so the document check, not the payout, is usually the slow part. Loans run to GTQ 5,000 to GTQ 300,000.

Does NexaBanco run a credit check?+

The credit check is hard and the credit needed is good, so a good credit record matters. Eligibility also asks for permanent residence in Guatemala, verifiable monthly income and a clean record with no recent delinquency, alongside a valid DPI.

Who regulates NexaBanco?+

NexaBanco is Banco Nexa, S.A., a direct lender based in Guatemala, GT. It is regulated by the Junta Monetaria de Guatemala and the Superintendencia de Bancos de Guatemala (SIB), and it underwrites personal loans itself rather than passing the application on.

How much can I borrow and over what term?+

Loans run from GTQ 5,000 to GTQ 300,000 with terms of 6 to 60. Personal lending is the only type on offer, so the amount and the term are weighed against your income and credit file rather than a secured property. Bigger requests sit near the upper end of both ranges.

How do I get help once I have applied?+

Support runs on email, chat and phone, so phone, chat, email and a help centre are all available. The bank is GT based and lends directly, so questions about a personal loan go to the team that handles the lending.

Is NexaBanco cheap next to the other lenders listed?+

Not at the cheaper end. Interest of 19% to 37% is well above the 12% median for personal loans on the site, and the disbursement commission of 2% to 4% adds to the bill. Listings elsewhere quote 10% to 23% or PHP 12 to PHP 36.

Sources

  • nexabanco.com checked September 26, 2026

    Backs: Headquarters, Legal entity, Support channels

    “Copyright (c) 2026 Banco Nexa, S.A”

  • nexabanco.com/conocenexa checked September 26, 2026

    Backs: Founded, Licences

  • nexabanco.com/prestamos checked September 26, 2026

    Backs: Funding time, Loan amount, APR, Credit check, Credit needed, Eligibility, Lender type, Loan types, Arrangement fee, Origination fee (%), Rate type, Representative example, Term

Compiled from 3 source pages, checked September 26, 2026. We did not open an account.

Related by the facts

NexaBanco

NexaBanco

A direct personal loan in Guatemala for borrowers with a good credit record and paperwork ready.

8.8/10See alternatives

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