A simple and convenient classic credit product designed to meet the need for short-term lending, which allows you to pay for raw materials, equipment and services in a timely manner, within the terms agreed with partners, pay taxes and fees on time, and increase the volume of business in the absence of your own funds on your current account.
An overdraft has many advantages; it always works for your business reputation and is easy to use at the same time. In the absence of your own funds on the account, without any additional actions, payment is made at the expense of the established credit limit, and repayment is also made automatically at the expense of funds received on the current account.
Main conditions of granting:
The form of overdraft is opening a limit to the client's current account opened with JSB "Clearing House"
The maximum validity period of the overdraft credit limit is 12 months.
Currency - national currency.
Interest rate - the interest rate is set by the decision of the relevant collegial body of the bank.
The overdraft limit is set at 40% of the average monthly net credit turnover (proceeds from business activities) for the last 6 months on current accounts in all currencies opened with the Bank and/or other Banks.
Overdraft limit review - monthly.
Type of collateral:
guarantee of business owners - individuals,
property rights under contracts of business entities,
real estate,
current assets (goods in processing, goods in circulation, finished goods).
