Flexible financing for long-term business planning, with regular debt reduction and a suitably structured repayment schedule
Flexible financing for long-term business planning, with regular debt reduction and a suitably structured repayment schedule
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
Regular reduction of the outstanding debt
Quick response after submission of the required documents
Long repayment term – up to 60 months
Individual repayment schedule tailored to the nature of the business
Opportunity to unlock your business’s potential
Financing for needs arising from ordinary day-to-day business activities
Expanding the product range
Maintaining higher stock levels
Increasing inventory to meet a rise in orders received
Increasing inventory in response to rising prices
Taking advantage of bulk-purchase discounts
Covering temporary cash shortfalls for current payments
Starting a new business activity
Attracting new suppliers or customers
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
Repayment under an agreed schedule and terms
Option to draw down loan funds in cash or by bank transfer
Term of up to 60 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
Small business customers developing and expanding their operations
