Cash collateral covered financing package
Cash collateral financing package of KDB Bank Europe Ltd. orders financing facilities for your enterprise’s credit demand. We are waiting for your application with attractive collateral and prosperous financing interests in our any branch office.
Main features of the cash collateral financing package:
- Loan amount: min. HUF 1,000,000 and max. HUF 300,000,000
- Currency: HUF, EUR or USD
- Cash collateral may be placed by a natural person or an enterprise as well
Parts of the cash collateral financing package:
I. Overdraft in HUF, EUR or USD currencies:
- Overdraft can be utilized within the credit amount and the determined tenor for free purpose
- 1 year tenor
- Revolving credit facility which can be prolonged after the maturity
II. Term loan in HUF, EUR or USD currencies:
- In case of the 1-year or 2-years tenor loans the principal amount shall be due only at the end of the tenor
- It can be applied for member loan redemption as well
Benefits of the cash collateral financing package:
- Financing amount is not depend on the client classification in the Bank, only the value of the cash collateral
- Purpose is not stipulated
- It can be applied for member loan redemption as well
Necessary documents for application:
- Filled in application form (available in our any branch office)
- Audited Annual Report back to 3 years
- General Ledger (only in case of Simplified Annual Report)
For detailed conditions please, get in touch with Your relationship manager at the Bank!
