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Working capital

1. Overdraft facilities

Commercial credits can be utilized on a current account basis in the form of fixed advances or documentary credits and bank guarantees. As such, these lines of credit can be repaid at any time and without notification

Our terms & conditions:

  • Variable rate of interest
  • May be amended at any time in line with the prevailing money and capital market conditions
  • The rate is set individually, depending on the client’s creditworthiness and the quality of the collateral provided
  • On top of the applicable interest, a credit commission may be charged

For detailed information, please contact your Client Relationship Manager.

2. Fixed advance

The fixed advance can be used to finance capital spending and working capital. The principal, the term and the rate of interest are fixed in advance for the entire duration of the advance.

The Fixed Advance provides you with an additional temporary liquidity reserve. It gives you more financial freedom and at the same time increases your entrepreneurial flexibility, allowing you to respond to market opportunities quickly and in a targeted manner.

For detailed information, please contact your Client Relationship Manager.