News from Garanti Bank
Garanti Bank launches a new product for the companies using Garanti Bank POS terminals
29.04.2009 - Garanti Bank launches the POS Credit Line, a product dedicated to small and medium enterprises that use Garanti Bank POS terminals. The POS credit line can be used for making any type of payment needed for current activities. At the same time, it can be used for small investments, which can be repaid during one year.
The value of the credit line can go up to 80% of the amount circulated through Garanti Bank POS account in the last 3 months. It can be obtained in maximum 24 hours and the maximum amount granted without collaterals is EUR 15,000 or the equivalent in RON or USD. The credit line may be repaid in maximum 3 months.
"We are now offering our SME customers the opportunity to obtain a credit line in maximum 24 hours. The only condition to be observed is to be a user of Garanti Bank POS terminals for at least three months. The higher the amount circulated through the POS, the bigger the credit line will be. Thus, we are offering easy access to a credit line for which no financial analysis is required, while encouraging the use of more than 2500 Garanti Bank POS terminals", Okan Yurtsever, Director Retail Banking & Bancassurance, stated.