Working Capital for Prepayment of Credit Card Interest-free Installments.
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Whom it concerns:

 

All Small and Medium Size Enterprises, despite their annual turnover and freelance professionals.

 

Description:

 

It is a credit and debit open end account that facilitates your commercial business by discounting your customers’ credit cards debts.

Financing possibility depending on your sales volume, and up to 50% of your last year’s turnover.

Loan duration 1 year with renewal option.

 

Interest rate:

 

Floating interest rate formed on the basis of the base rate for working capital minus 1, plus interest rate margin

 

Interest rate is subject to charge under law 128/75.

 

Repayment:

  • Monthly capital installments
  • Semiannual interest installments.
  

 
 
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