Loans for working capital
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About the loan
A loan for working capital is characterised by a maturity of up to 12 (in writing: twelve) months, and is intended for providing working capital and improving the company’s liquidity. The loan may be repaid in a single repayment or in annuities, depending on the expected sources of repayment.
Approval Conditions | |
|---|---|
Maturity | Up to 12 (in words: twelve) months |
Grace Period | Up to 3 (in words: three) months |
Repayment Method | In accordance with the agreement, annuity or single repayment |
Purpose | For other working capital needs/improvement of liquidity |
Collateral | promissory notes/mortgage/guarantee/pledge/deposit/other |