Working capital loan helps to overcome temporary lack of cash caused by seasonality or large outgoings and allows companies to finance short-term investments. The primary sources of repayment are the accounts receivable paid by clients and sales of assets.
Terms and conditions | |
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Minimum amount | 3000 euros |
Term | Up to one year |
Collateral | Immovable and movable property, surety and securities as additional guarantee. It is possible to apply for a guarantee to the extent of up to 80% of the loan amount from Fund KredEx and up to 80% in rural areas from the Rural Development Foundation (RDF)* |
Agreement fee | |
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companies | 0.5-1% of loan amount, min 200 euros ** |
sole traders | 0.5-1% of loan amount, min 200 euros ** |
* An agreement fee and guarantee fee are added if a guarantee by KredEx or RDF is used.
** A charge arising from obligations (commitment fee) may be applied during the loan disbursement period.
Required documents
In order to apply for a loan
Private person | |
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1. Home loan, mortgage loan | |
- agreement conclusion | 1% of the loan amount, min. EUR 250 |
- agreement amendment (1) | up to 1% of the remaining loan, min. EUR 250 |
- changing the payment date once in a year | free of charge |
- changing the payment date as of the second change of payment date in one year | EUR 20 |
- change of the current account(s) related to the loan | EUR 20 |
- extending the loan disbursement period | EUR 50 |
- grace period for the principle amount of the loan | EUR 50 |
2. Consumer loan | |
- agreement conclusion | 1,5% of the loan, min. EUR 35 |
- agreement amendment (1) | EUR 35 |
- changing the payment date once in a year | free of charge |
- changing the payment date as of the second change of payment date in one year | EUR 20 |
- change of the current account(s) related to the loan | EUR 20 |
- grace period for the principle amount of the loan | EUR 20 |
3. Overdraft | |
- agreement conclusion | 1,5% of the credit limit, min. EUR 20 |
- agreement amendment (1) | EUR 15 |
- increasing the loan amount | 1,5% additional credit limit, min EUR 20 |
- changing the payment date once in a year | free of charge |
- changing the payment date as of the second change of payment date in one year | EUR 20 |
4. Student loan | |
- agreement conclusion | free of charge |
- agreement amendment (1) | free of charge |
- amending the student loan repayment schedule | free of charge |
5.Endowment loan | |
- agreement amendment (1) | up to 1% of the remaining loan, min. EUR 250 |
- changing the payment date once in a year | free of charge |
- changing the payment date as of the second change of payment date in one year | EUR 20 |
- change of the current account(s) related to the loan | EUR 20 |
6. Limit loan | |
- agreement amendment (1) | up to 1% of the loan limit, min. EUR 35 |
- changing the payment date once in a year | free of charge |
- changing the payment date as of the second change of payment date in one year | EUR 20 |
7. Other loan-related services | |
-contractual penalty for the violation of the notification obligation stipulated in the agreement, incl. for not submitting the insurance policy of collateral | EUR 32 |
- contractual penalty for the violation of any other non-monetary obligation stipulated in the loan agreement | up to 5% of the loan amount outstanding at the moment of violation |
- re-registration of a pledge established on a building into a mortgage | free of charge |
- reminder of debt | free of charge |
- debt claim letter | EUR 5 |
- certificate on paid interests (2) | EUR 4 |
Legal entity | |
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1. Investment loan | |
- agreement conclusion | 1% of the loan amount, min. EUR 200 |
- agreement amendment | 1% of the remaining loan /limit, min EUR 200 |
2. Working capital loan | |
- agreement conclusion | 1% of the loan amount, min. EUR 200 |
- agreement amendment | 1% of the remaining loan /limit, min EUR 200 |
3. Overdraft | |
- agreement conclusion | 1% of the loan amount, min. EUR 200 |
- agreement amendment | 1% of the remaining loan /limit, min EUR 200 |
- increasing the loan amount/limit | 1% additional loan amount/limit, min EUR 200 |
4. Start-up loan | |
- agreement conclusion | 1,5% of the loan amount |
- agreement amendment | 1% of the remaining loan /limit, min EUR 200 |
5. Apartment building renovation loan | |
- agreement conclusion | 1% of the loan amount, min. EUR 200 |
- agreement amendment | 1% of the remaining loan /limit, min EUR 200 |
6. Other loan-related services | |
- contractual penalty for the violation of any other non-monetary obligation stipulated in the loan agreement | up to 5% of the loan amount outstanding at the moment of violation |
-re-registration of a pledge established on a building into a mortgage | free of charge |
- reminder of debt | free of charge |
- debt claim letter | EUR 5 |
(1) All amendments to the loan, which have not been indicated under separate clauses in the price list (incl. amendment of collateral in a notarised or other form).
(2) Commission fee applies to certificates issued at a bank office. A certificate issued automatically in the Internet Bank is free for the client (for enclosing electronically to income tax return).
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