Product Definition :
A Working Capital Loan is a short-term loan facility designed to meet liquidity or working capital needs, with a term of 1 (one) year, renewable upon agreement.
Advantages :
The loan is provided for a short-term period of 1 (one) year, with the option for renewal.
Features:
- Revolving Loan: A permanent working capital financing loan, with the amount reflected in the company's cash flow.
- Checking Account Loan: A loan facility where the loan limit is reflected in the debtor’s checking account.
Requirements :
- Personal identification documents.
- Company identification documents.
- Financial information documents.
- Collateral documents/information.