Current Account Credit
- credit available in the current account
- revolving - can be used multiple times during the term of the credit agreement
Purpose of financing:
covering current liabilities arising from business activities
Credit amount:
dependent on needs and correlated with the amount of average monthly deposits to the current account
Credit period:
up to 36 months with the possibility of automatic extension of the agreement for another 36-month period
Repayment:
from each deposit to the account
Security:
established individually with the Client