SHORT-TERM REVOLVING LOANS
Short-term revolving loans are granted with a 1-year
repayment term. These can be granted with a possibility of
extension in case a customer secures the same or even a higher
level of his operations, or one time only , with no possibility
of extension, when a
single realization of an operation contracted is
funded.
As of the day of filing a single request for loan
realization, its securing and withdrawing included, there
can pass approximately 20 days. In case repayment of such a loan is secured with a savings deposit
to a 1:1,1 loan/security ratio, the same can be realized
within one day.
Depending on the quality of security instruments,
customer's creditworthiness and the contribution to the
Bank's financial potential , as well as depending on repayment of
dues matured, interest
rates total from 4,99% to 10,99 % and are changeable pursuant
to the Bank's Decision on Interest Rates.
There are no limits as to minimal and maximal amounts of
these loans.