Receivable Financing Loan
Receivable financing loan is designed as flexible access to more funds for companies that have accounts receivable from their customers. Sometimes, some additional cash flows allow your business to operate in a more convenient manner.The target group: Includes 1-year existing credit customers with arrears less than 30 days or 2-years existing operational customers at BKT, who have accounts receivable from public institutions.
General Conditions:
- Maturity term - maximum of 12 months but remaining within the maximum term of payment of receivables.
- The way of payment of installments is monthly or at the time of payment of the receivables.
- Maximum loan amounts up to 50% of the value of accounts receivable but maximum up to 250,000 Euros / equivalent in other currencies.
- The collateral used is the mortgage of real estate / the pledge of receivables.