Authorised overdraft for Entrepreneurs
Your account may offer more than it seems. Get a readily available resource that can always be available.
- rapidly provided with the minimum number of required documents
- authorised overdraft amount depends primarily on the payment carried out on business accounts held in our bank
- also designed for clients who have not completed a full accounting period if they have been using a business account at our bank for at least 6 complete calendar months
Advantages of an authorised overdraft for entrepreneurs
- Designed for clients who have had a business account with our bank for at least 6 complete calendar months
- The amount will be specified based on selected credit transactions in your business account maintained in our bank, up to a maximum of 10% of annual sales for the last completed financial year
- The amount of your authorised overdraft is periodically reassessed based on credit transactions in your business account maintained in our bank
- It is also provided for start-up entrepreneurs, to a maximum of € 8,500.00
- It is provided without collateral of immovable property
- The final maturity date is determined by the bank
- It isn’t necessary to prove the intended use of the funds
- The loan is repaid continuously and automatically by crediting incoming payments on the account
- The repaid part of the loan can be re-drawn at any time
We can provide loan products with the possibility of training and consultations to prepare a business plan even to start-up companies without previous business history. More about the program for start-up entrepreneurs is available on www.zacinamepodnikat.sk.