Credit Line (revolving loan) allows you to access and repay credit funds in line with your business needs.
Revolving loans are available to all registered SMEs and can be used to finance unexpected needs, as well as to ensure liquidity for short periods.MAIN FEATURES OF A REVOLVING LOAN
|Loan amount||Up to 100% of the company’s average monthly income (depending on the client’s average monthly turnover, financial indicators, and other indicators as determined by the bank)|
|Repayment term||Up to 12 months|
|Interest rate||Depends on the client’s level of business with the bank. The interest rate is calculated on a daily basis for the amount used by the client and for the approved loan amount and is automatically deducted from the client’s account|
|Collateral||Depends on the approved amount. A combination of the following types of collateral: movable assets, mortgage, deposits or bank bills|