OverdraftsOverdraft is a fast, convenient and flexible type of financing. It is an ideal product for companies that operate in a dynamic environment and need to have access to funds at any time.
An overdraft is secured by a stable turnover on the client's account based on which the limit, the term and the interest rate are determined. Additionally, the duration of the client’s collaboration with the bank is taken into account.
Purposes: increase of working capital.
Amount: from EUR 50 thousand to EUR 1 million (or the equivalent amount in USD).
Term: from 3 months to 6 months with an option to renew
Rate: from 12% p.a. for the provided financing, 2% p.a. for reservation of the unused part.
Currency: USD, EUR
Conditions for granting: