Does your company need additional finance to ensure its maximum competitiveness? Access to finance is one of the key elements of the functioning and development of companies operating in modern market economies. According to the statutory definition of credit, a bank undertakes to make available to a borrower a fixed amount of cash for a purpose specified in the contract, while the borrower undertakes to use it under the terms of this agreement and to repay the amount of cash borrowed together with interest within the designated repayment dates plus payment of commissions on the loan granted.
Investment credit is intended for the financing of undertakings carried out by a company for the purpose of the restoration, modernisation or extension of the value of fixed assets as well as the purchase of intangible assets or the acquisition of shares in companies or long-term securities. This type of credit is for long-term operations, with the possibility of using balloon payments.
Working capital loans
Working capital loans are designed to finance a company's current everyday operations, such as covering part of the labour costs, the administrative costs, the purchase of small equipment and the purchase of raw materials, etc. Working capital loans enable a company to ensure liquidity, allowing it to settle current liabilities in the absence of cash, which might be frozen, for example, in receivables from debtors. Working capital loans are usually granted for less than one year, which means that they can be classified as short-term loans.
Mortgage loans are designed to finance any business purpose. The advantage of this type of loan is the ability to provide long-term financing repaid in instalments secured with a prime mortgage without the need to present a business plan and financial forecasts.
Do you need, for example, investment credit for developing your business or a working capital loan to provide ongoing liquidity? We will help you to obtain it by talking to financial institutions and preparing the necessary documentation.