A flexible credit facility allowing repeated drawdowns and repayments tailored to your business, with effective management of interest costs
A flexible credit facility allowing repeated drawdowns and repayments tailored to your business, with effective management of interest costs
Benefits
Flexible financing for long-term business planning
A financial product tailored to the customer’s needs
Loan structure tailored to the customer’s specific requirements
Quick response after submission of the required documents
Long repayment term – up to 120 months
Individual repayment schedule tailored to the nature of the business
Repeated drawdowns and repayments within the loan amount and term
Option to extend the term
No requirement to repay the credit limit before extending the term
No fixed repayment schedule
Effective management of interest costs
Financing for needs arising from ordinary day-to-day business activities
Recurring payments to suppliers
Advance payments to suppliers
Expanding the product range
Allowing your customers to pay later
Increasing inventory to meet a rise in orders received
Increasing inventory in response to rising prices
Covering temporary cash shortfalls for current payments
Suitable activities – retail trade, shops, warehouses and others
The loan amount is determined by the applicant’s ability to repay, the transaction structure and the proposed collateral – up to 40% of annual sales revenue
The agreed amount may be drawn down for the stated purpose in a single payment or in instalments
Option to draw down loan funds in cash or by bank transfer
Term of up to 120 months, depending on the collateral offered, transaction structure and customer profile
When refinancing liabilities to other banks, financing may also cover fees and charges connected with early repayment of the refinanced exposure
No business plan or projected cash flows required
Any collateral acceptable to the Bank
Recurring payments
Regular payment of expenses incurred for goods and services
