Credit line
Purpose of loan: financing working capital needs and small scale investments
Maturity: 12 months maximum
Loan value: maximum 30% of company’s yearly turnover as of the latest registered balance sheet
Benefits:
- Flexible collaterals: assignment of receivables, cash collateral, pledges, mortgages, or guarantees provided by EXIMBANK and FNGCIMM
- The new customers of the bank may obtain up to EUR 20,000 loan amount without real collateral
- Simplified documentation and quick decision
- Attractive interest rates and commissions