A framework agreement with ProCredit Bank will guarantee you both flexibility and stability. Signing a long-term framework agreement, you will have a credit limit you can use within a time frame of up to 120 months in the form of different types of loans: instalment loans, overdrafts, agricultural loans, bank guarantees, etc. A framework agreement only requires one overall limit approval. In this way, we aim to ensure long-term financial support for your businesses depending on your specific needs.
Advantages:
- Quick processing and no bureaucracy - financial analysis of the company is conducted once per year
- Fewer costs, less time and effort as collateral is only registered once
- Flexibility - possibility to use various services more than once within a single contract
- Interest optimisation - interest is only due for the amount used
| Approved limit | EUR 300 000 | |||||||||
| Validity | 120 months | |||||||||
| Approved credit services within the limit |
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| Amounts disbursed upon signing |
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| Interest rate | Interest due shall be calculated on outstanding amonths | |||||||||
| Situation after time has elapsed | Provided that no other amounts have been requested since signing the agreement, the situation would be as follows:
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