Fixed Advance Credit Line
Advantages
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Flexibility of payments Disposition of additional working capital that can be used at any time
Whom is it Suitable for?
Organisations that have a need for advance financing of payments:
- Local and foreign companies
- Public and financial institutions
Conditions
The facility is disbursed in a fixed amount, on a fixed interest rate (negotiable on the date of disbursement) and for a fixed period of time for each separate disbursement (defined in advance for each drawdown). The lifetime of the tranche is determined in advance for each granting and shall not exceed the lifetime of the credit line.
Frequently Asked Questions
The market apprisal should be renewed every year. The insurance must be maintained valid for the entire loan period.
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