Parex

Construction materials in Medellín, paid upfront or on credit

For builders and contractors with projects in Medellín, Envigado, Itagüí, Bello, Sabaneta and eastern Antioquia. Buy from verified suppliers upfront or with a revolving credit line on 30, 60 or 90-day terms. The supplier gets paid on delivery.

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How to buy materials with Parex in Medellín

  1. Book a call and tell us about the project you are running and the materials you need.
  2. Choose how to pay. Upfront from your first purchase, or with a revolving credit line on 30, 60 or 90-day terms.
  3. Send your company documents. Within 48 hours of receiving the complete set we tell you whether you qualify for a credit line.
  4. Issue the purchase order to verified suppliers that deliver in the Aburrá Valley and eastern Antioquia. The supplier gets paid on the day delivery is confirmed.
  5. Repay on the agreed terms from project cash flows. As you repay, the available amount is released and you can use it again.

Upfront purchases count too. They show us your payment behavior, and with that history we can offer you better financing terms on your next purchases.

The construction market in Antioquia

23,762
new homes sold in Antioquia in 2025, up 31.7% from 2024
+100.9%
new housing project launches in Antioquia in 2025
−18.5%
home sales in Antioquia in the first half of 2026
15.3%
of the country’s licensed construction area between January and July 2026, the largest share of any department

After a year of record launches in 2025, sales fell in the first half of 2026. Many projects launched last year are now under construction with slower pre-sales. Paying for materials on 30, 60 or 90-day terms lets builders keep the pace of work without stopping crews for lack of cash.

Where construction is happening

  • Eastern Antioquia. New-home sales grew 25% in 2025. Rionegro went from 1,961 to 2,184 units and La Ceja from 208 to 444, according to Camacol Antioquia and La Lonja.
  • Avenida 80 corridor. The Metro de la 80 was around 52% complete in July 2026 and could start operating in 2028.
  • Southern Aburrá Valley (Envigado, Itagüí and Sabaneta) and the north (Bello), with high-rise housing projects.
  • Western Antioquia. The Toyo Tunnel is projected to open in October 2027, adding demand in Urabá and the west.

What to consider when buying materials in Medellín

  • Intermediate seismic hazard zone. Medellín, the Aburrá Valley municipalities and Rionegro are in the intermediate zone under the NSR-10 building code. Require certified steel and concrete from the supplier.
  • Land-use plan review. Agreement 48 of 2014 expires in 2027, and in 2026 the city council is debating Draft Agreement 104, which may change densities and social housing obligations. Follow it before committing purchases for projects that are not yet licensed.
  • Slopes and access. On hillsides and narrow streets, agree on the vehicle type and delivery schedule with the supplier when you issue the purchase order.

Why buy materials on credit

  • You keep the project’s cash for payroll, labor and progress.
  • One line for several suppliers. Buy steel, concrete, masonry or finishes with the same credit line.
  • The supplier gets paid on delivery. That makes it easier to secure availability and delivery times.
  • Decision within 48 hours of receiving your complete documents.

Frequently asked questions.

Yes. We work with suppliers that deliver in Medellín, the Aburrá Valley and eastern municipalities such as Rionegro, La Ceja and Marinilla. We confirm each supplier’s coverage when the purchase order is issued.

Yes. The line belongs to your company and you can use it across the projects you have under construction, within the approved amount.

Yes. You can pay upfront from your first order. Every upfront purchase shows us your payment behavior, and with that history we can offer you better financing.

Once we receive all your company documents, we tell you within 48 hours whether you qualify for a credit line.

The available amount is released as you repay. You can use it again for new purchases without filing a new application each time.

No collateral is required. Experience with completed and delivered projects is ideal. If the project runs under a regulated real estate trust (fideicomiso), that counts in your favor.

Related

GuideHow to finance the construction materials for a projectConstruction loans, supplier credit, factoring and revolving lines: when to use each.Bogotá and the SabanaConstruction materials in Bogotá, paid upfront or on creditProjects in Bogotá, Soacha and the western Sabana. Upfront or 30, 60 or 90-day credit.Coffee RegionConstruction materials in the Coffee Region, paid upfront or on creditNew builds, retrofits and reconstruction in Pereira, Manizales and Armenia.Barranquilla and AtlánticoConstruction materials in Barranquilla, paid upfront or on creditProjects in Barranquilla, Soledad, Puerto Colombia and Malambo. Upfront or 30, 60 or 90-day credit.Cartagena and BolívarConstruction materials in Cartagena, paid upfront or on creditHousing, hotels and institutional projects in Cartagena and Turbaco.
Sources
  1. Camacol, Datos que construyen, 9 de febrero de 2026 (cierre 2025)
  2. Camacol, Datos que construyen, 21 de julio de 2026 (primer semestre 2026)
  3. DANE, Licencias de Construcción (ELIC), julio de 2026
  4. El Colombiano, construcción en el Oriente antioqueño, 25 de abril de 2026
  5. El Colombiano, revisión del POT de Medellín, 7 de octubre de 2026
  6. El Colombiano, Túnel del Toyo, julio de 2026
  7. NSR-10, Título A, Apéndice A-4 (Decreto 926 de 2010)