A credit on current account is an overdraft allowed at a transaction account. It is intended to legal entities to the purpose of providing support to efficient liquidity management and adequate financing of occasional needs for current assets.
ProCredit Bank, your reliable financial partner, provides a possibility of obtaining a credit at current account for all companies using the payments services of ProCredit Bank.
Amount, interest rate, repayment term and overdraft security.
The amount of credit depends of average monthly transactions at the account and the client’s financial ratios, as well as other indicators as decided by the Bank.
The amount of interest rate depends on the extent of the client’s cooperation with the Bank. The interest rate is calculated against the amount of used funds at daily basis, and is collected by automatic withdrawal of funds from your current account.
The credit repayment terms takes up to 12 months.
Required credit security instruments depend on the amount of debit. It is possible to combine security instruments – guarantors, pledge over movable property, mortgage, deposit, bank bill.