Conjugated system for the granting of credits in metal or merchandise, of amortization for deadlines, with guarantee thereof (Machine-translation by Google Translate, not legally binding)

摘要

Conjugated system of credit granting in cash or in merchandise, of amortization by installments, with guarantee of the same, specially characterized because a financial company grants to different patrons global subdivisible credits in fractional amounts of the one corresponding to said global credit, which in turn, they are conferred to the producers of said employer by means of a formalized contract, aliquotically substituting the producers in the obligations of the accredited employer, who guarantees with said capital such credits, and who recovers said fractional parts under conditions stipulated between employer and worker, which they guarantee with their salary the amortization of sums in whose credit they subrogate. (Machine-translation by Google Translate, not legally binding)