POS credit line

Purpose of loan: credit line for paying suppliers, salaries or any types of necessary payments in order to carry out the current activity of the company

Loan value: 80% of company’s average turnover circulated through the POS in the last 3 months. Maximum amount to be granted without real collaterals and financial analysis is EUR 15,000.

Beneficiaries: merchants using a GarantiBank POS for at least 3 months

Benefits:

• No financial analysys required
• No real collateral required
• Flexible loan utilisation
• Quick credit decision
• The interest rate is calculated for the used amount