Overdraft Extra

Purpose of loan: revolving loan that allows access to additional financial resources for company’s current needs

Beneficiaries: companies that already have a credit facility from GarantiBank or have a current approval in process

Loan value: 10% of the approved limit, maximum EUR 30,000 without real collateral

Maturity: 12 months maximum

Loan repayment: interest is paid monthly out of company’s own funds, while the principal is paid in full upon maturity

Benefits:

• No financial analysis required
• No real collateral required
• Flexible utilization
• Fast approval and granting
• Interest is calculated on the amount of the credit used and is collected at the end of each month