Revolving Loans
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About the loan
A revolving loan is characterised by successive use of funds in tranches, approved for a short term of up to 12 (in writing: twelve) months, and is intended for providing working capital and improving the company’s liquidity. Funds are used according to the Client’sneeds, in several tranches, in such a way that the sum of the utilised tranches does not exceed the approved loan amount. Eachwithdrawal of a tranche reduces the amount of available funds. Interest is calculated on the amount of funds used.Approval conditions
Approval Conditions | |
|---|---|
Maturity | Up to 12 (in words: twelve) months |
Repayment method | In accordance with the agreement, a single repayment |
Purpose | For other working capital needs/improvement of liquidity |
Security Instruments | promissory notes/mortgage/guarantee/pledge/deposit/other |
For all information, you can contact us at:
Phone
+382 20 481 481Submit Loan Approval Request
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