Standard Working Capital Loan
- Flexibility of payments You have additional working capital that you can use as and when you deside.
- Speed and convenience You can use the electronic channel to initiate payments to your contractors without leaving the office.
- Ability to plan payments You have a predefined repayment schedule.
- Wide range of the purpose of the loan
What Can it be Used for?
- Contract financing
The loan may be secured by assets of the borrower or of third parties, established in favour of the Bank as per the procedure and in the form established by law. The collateral may include one or mixture of the following assets:
Receivables from third parties
Market appraisal and insurance of collaterals are required.
Market Appraisal: List of eligible external evaluators of loan collateral.
Insurance: To receive an individual insurance offer for your business needs, please contact UniCredit Insurance broker.
Term and Repayment
The drawdown can be done once or in tranches.
Repayment schedule and the term reflect the operating cycle of the customer.
The standard maximum period is 12 months, but depending on the operating cycle a maximum of 18 months can be agreed.
The source of repayment of the loan for working capital are cash flows generated of the operating activities of the company.