Through this loan, BKT provides you the possibility to finance the suppliers of your construction company, within the limit already approved for the construction company, therefore considering the risk and liquidity capacity of the construction company.
General Conditions:
Can be used as a cash or non-cash loan.
In case it is used as a cash loan: The loan proceeds will be directly transferred to the account of the supplier with which the construction company has signed a contract.
In case it is used as a non-cash loan: A Letter of Guarantee is issued in favor of the supplier, in the amount and maturity for which it has agreed with the construction company.
The loan disbursement will pass directly to the account of the supplier who has a contract of cooperation with the construction company.
The term of maturity is determined between the supplier and the construction company.
The way of payment of installments is on the maturity of the letter guarantee.
