MICRO Credit in Current Account
- for Clients conducting business or agricultural activities, regardless of the form of accounting records and the method of income tax settlement, whose revenues from business activities for the last completed fiscal year did not exceed 5 000 000 PLN and the credit commitment in the Bank (including the requested transaction) does not exceed 1 000 000 PLN
- credit made available in a current account
- revolving - may be used multiple times during the validity period of the credit agreement
Purpose of Financing:
to cover current liabilities arising from business activity.
Credit Amount:
dependent on needs and correlated with the amount of average monthly inflows to the current account (maximum 2 times the average monthly inflows to the current account, not exceeding PLN 200,000)
Loan Period:
up to 36 months with the possibility of automatic extension of the agreement for another 36-month period
Repayment:
from each inflow to the account
Collateral:
established individually with the Client