New banking rules in force bring significant changes in defining who qualifies for a bank loan. The new ruling makes the statement companies present to the Department of Taxes (DGII) the only valid document for considering a company loan. Hoy newspaper explains that companies that in the past presented losses in their tax statement, were subsequently accepted as credit-worthy by the banks, on the basis of their payment record. Now, a client that shows losses will be treated as a high-risk client by the bank and will be subject to a high interest rate. Credit will now not be granted based on guarantees that are presented. Nevertheless, if it is determined that the project is feasible and likely to be profitable, and that the cash flow will enable sufficient yield for a profit and payment of the loan, it is likely the company will qualify for the loan at the prime rate.