BusinessLoan^TB Expres

With BusinessÚver^TB Expres you now get:

• 100% discount on the business account charge with Tatra Business^TB or Tatra Business^TB Premium service package for the period of 12 months. More about this offer is available here.

BusinessLoan^TB Expres allows you: 

• Use financial means for both short-term and long-term investment requirements without the need to prove the purpose of its use
  
• Fund purchasing machinery, equipment, stock and other investment needs
• Cover the period of waiting for remittance of consumers
  

With BusinessLoan^TB Expres you select:

• Form of loan provision (overdraft/instalment)
• Period of loan provision
  
• Insurance of key person which allow you safely repay your loan
  

BusinessLoan^TB Expres is processed easily:

• Without unnecessary documents with loan application and utilisation of financial means
  
• Loan is approved within 24 hours after completed application is submitted
  
• Security Agreement is sufficient in cases without material security
  
• Comprehensive consultation services provided by specialised business advisors at branches
  

*Public promise 1.4.2018 [PDF, 110 kB]

BusinessLoan^TB Expres is intended for:

• sole traders and entrepreneurs with a minimum 24-month business history
• both bank's clients and non-clients

Loan basic parameters:

Minimum loan amount:

• EUR 3,500

Maximum loan amount:

• EUR 135,000

The form of provided loan:

• overdraft
• instalment

Loan maturity period:

• overdraft loan: 1 year with assessment
• instalment: 1 to 5 years 

The option of early repayment:

• yes
• with an overdraft loan once a year free of charge as at the provision anniversary

Interest rates

Loan repayment:

Overdraft loan:

• interest is debited on the last business day of the month by automatic collection from the applicant's current account and the interest is only applied on the drawn amount for the actual days of drawing

• principal is due on the loan maturity date

Instalment loan:

Interest + principal:

• debited on the last business day of the month by automatic collection from the applicant's current account
• in two separate payments (principal and interest instalment) and owing to linear repayment the loan instalment is reduced every month

Who can apply for BusinessLoan^TB Expres:

• Limited liability companies and joint stock companies registered with the Commercial Register
  of the SR
  
• Persons running business under trade licence, recorded in the Trade Register of the SR
  
• Persons running business under other than trade license under separate regulations, not recorded
  in the Commercial Register of the SR or the Trade Register of the SR 
  
• Association of individuals

Basic conditions for loan provision:

• Applicant ´s business activities last at least 24 months without any change in legal form and type
  of accounting
  
• Applicant runs business in branches accepted by the bank
  
• Applicant is able to submit financial documents with closed accounting period for 2 previously closed accounting periods or the latest statements in the regular year

Documents required for loan application assessment:

• Unauthenticated financial statements for two preceding closed accounting periods or the latest statements in the regular year
  
• Completed Tatra banka inquiry with additional information regarding loan application
  

The only security for BusinessLoan^TB Expres is:

• security agreement

No need to worry. At Tatra banka you can easily get the BusinessLoan^TB Express:

• key person insurance,

and you will have no troubles repaying the loan.