Financing your main activity and meet current needs
The purpose is to acquire raw materials and supplies, goods, and other current assets to cover temporary shortages of funds for servicing current payments.
Purpose - Financing of core activities/purchase of raw materials and supplies, inventories, other current assets
Amount - The amount is determined by the borrower's solvency and the adequacy of the collateral
Currency - EUR or USD (negotiable)
Term - Up to 60 months
Grace period - Negotiable
Collateral - Mortgage/Pledge of real estate/immovable property, cash, etc.
Purpose - For working capital, where the amount/limit and the deadline within which the loan is drawn down and repaid are agreed, the repaid portion of the credit line is considered to be available for reuse.
Amount - The amount/limit of the credit line is negotiated individually, up to 40% of net sales revenue for the last reporting year.
Currency - EUR or USD (negotiable)
Term - 12 months, with the option to extend to 60 months for use and up to 60 months for repayment
Grace period - None
Collateral - Mortgage/Pledge of real estate/immovable property, cash, etc.
Purpose - For working capital and financing of core activities/purchase of raw materials and supplies, inventories, etc. current assets
Amount - The amount of the overdraft facility is agreed individually. It is based on the average monthly credit turnover on the customer's current accounts with the bank and/or other banks.
Currency - EUR or USD (negotiable)
Term - 12 months, with the option to extend up to 120 months for use and up to 60 months for repayment. During the term of the loan, repayments are made automatically upon each receipt from the customer's payment account.
Grace period - None
Collateral - Mortgage/Pledge of real estate/immovable property, cash, etc.