Spot loan
Purpose of loan: credit for necessary payments and small scale investments in order to maintain the current activity
Maturity: 6 months maximum
Loan value: maximum EUR 200,000 (or equivalent in RON, USD), no more than 30% of company’s yearly turnover as of the latest registered balance sheet
Benefits:
- Flexible collaterals: assignment of receivables, cash collateral, pledges, mortgages, or guarantees provided by EXIMBANK and FNGCIMM
- Simplified documentation and quick credit decision
- Attractive interest rates and commissions