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Tatra banka

28.9.2016 08:50

Business LoanTB Variant

Are you looking for a tailor-made loan? Make use of individual reviewing of the application and select your loan up to the amount of EUR 1,000,000.

  • Individual application reviewing
  • Several variants of security with a possibility to combine them
  • Adjustment of loan to client´s requirements
Benefits

Benefits

BusinessUverTB Variant allows you to:

  • Get funds for purchasing real property
  • Finance the purchase of machines, equipment, technologies and other investment needs
  • Get funds for purchasing commercial premises
  • Finance the purchase of stock
  • Repay the existing loans by a single loan
  • Use financial means to build, maintain and restore real property 
  • Use the loan as bank guarantee security

With BusinessÚverTB Variant you can choose:

  • Form of loan provision (overdraft/instalment)
  • Single or gradual loan drawdown
  • Loan maturity period and repayment frequency

BusinessÚverTB Variant is a specific loan:

  • Which takes account of your requirements and ideas regarding financing
  • Is adjusted to the particular purpose of financing
  • With a possibility of combining various types of security

 

Details

Details

BusinessLoanTB Variant is intended for:

  • sole traders and entrepreneurs with a minimum 24-month business history
  • both bank's clients and non-clients who fulfil the financing requirements

Loan basic parameters:

Minimum loan amount:

  • EUR 70,000

Maximum loan amount:

  • EUR 1,000,000

The form of provided loan:

  • Overdraft
  • Instalment

Loan maturity period:

  • Overdraft loan - 1 year with assessment
  • Instalment -1 to 10 years

The option of early repayment:

  • Yes
  • With overdraft loan – once a year as at the anniversary date of loan provision 

Interest rate:

  • Determined individually

Loan repayment:
Annuity repayment

Interest + principal:

  • Cleared on the last working day of month by automatic collection from the applicant´s current account
  • Two separate payments (payment of principal and payment of interest) while the interest rate is fixed thanks to annuity payment which provides an advantage of an equal payment amount in course of the entire loan maturity period

Straight line repayment

Interests + principal:

  • Cleared on the last working day of month by automatic collection from the applicant´s current account
  • Two separate payments (payment of principal and payment of interest) while the loan payment decreases each month thanks to straight line repayment

Loan drawdown:

  • Single
  • Gradual
Conditions

Conditions

Who can apply for BusinessÚverTB Variant?

  • Limited liability company, joint-stock company, unlimited liability company, limited partnership company or cooperative society maintained with the Commercial Register of the SR
  • Persons with business activities conducted under a trade license who are maintained with the Trade Register of the SR
  • Persons with business activities conducted under other than a trade license according to separate regulations who are maintained neither in the Commercial Register of the SR nor in the Trade Register of the SR
  • Association of natural persons

Basic conditions:

  • Applicant has a business history of minimum 24 months 
  • Applicant´s business activity is conducted in the fields accepted by the bank
  • Applicant can submit financial documents and acceptable loan security
  • Applicant can prove the purpose of usage of financial means from the specific loan

Required documents:

  • Financial statements and income tax return for previous two closed accounting periods and the latest financial statements in the regular year
  • Confirmation of income tax return submission for the previous closed accounting period
  • Completed Tatra banka questionnaire with additional information regarding loan application
Loan security

Loan security

BusinessÚverTB Variant security can be secured by:

  • Movable property/real property
  • Receivables  from customers
  • Banking guarantee/banking guarantee of SZRB
  • Securities
  • Client´s financial means in term deposit account in Tatra banka
  • Investment in mutual funds in Tatra Asset Management
  • Other legal entity liability
  • Eventually a combination of the above types of securities