Revolving loans feature successive use of funds in tranches approved for short term period use of up to 12 (in writing: twelve) months. They serve the purpose of providing working capital and improving company’s liquidity. Funds are used in line with the customers’ requirements, in several tranches, so that the amount of each tranche doesn’t exceed the approved amount of loan. Every tranche disbursement decreases the amount of the accessible funds. Interest rate is calculated for the amount of funds used.
| Maturity | Up to 12 (in writing: twelve) months | |
| Mode of repayment | As per contract, in full amount | |
| Purpose | Working capital/improvement of liquidity | |
| Collateral | mortgage / bank draft / guarantee / pledge / deposit / other | |
For more information, schedule a meeting by making a call to: +382 020 481 481,or by sending an e-mail to: [email protected]
