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Tatra banka

4.12.2016 23:22

Operational financing

Finance your operational needs by a loan in the form of authorised
overdraft for your current business account.

  • use of funds without specified purpose
  • bridging the period until settlement of due sums from customers
  • bridging the period until VAT refund
  • can be used for securing of clients' bank guarantees,
    letters-of-credit or foreign currency transactions
Advantages

Advantages

  • use of funds without specified purpose
  • discount from suppliers for early invoice settlement 
  • the option to purchase bigger volumes of goods - bulk discount 
Details

Details

  • loan amount: from EUR 70,000
  • repayment period within 1 year with possible extension
  • automatic monthly clearance of interest on a client's account applied only on the actually drawn amount and for the days of drawing
Security

Security

  • pledge over receivables from customers
  • real property (family houses, apartments, operational premises)
  • movable assets (cars, machinery and equipment)
  • bank guarantee
  • securities
  • client's funds deposited on a term account with Tatra banka
Conditions

Conditions

Required documents:

  • the financial statements for the previous two completed accounting periods and the up-to-date financial statements in the current year
  • tax returns for the previous two completed accounting periods
  • completed questionnaire to interim statements
  • documents regarding security

Acceptable financial standing based on a financial analysis