Framework agreement
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
Example of a framework agreement for financing
| 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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How to apply
Complete the following steps to apply:
- Contact our call centre at 0700 1 70 70 or complete our contact form and we will call you back
- Discuss the financing you would like to receive with our client advisers
- Submit a
Loan application form and provide the required documents. - Tell us about your business
- We will respond within the time period indicated
Application documents:
- Completed Loan application form
- Copy of the business owner’s personal identification card
- Copy of the company’s tax declaration, balance sheet and income statement
- Documentation regarding the collateral presented