Business Overdraft
An overdraft is an ideal option when your business needs money at a moment’s notice to fund its financial needs.
By using Credo Bank’s Business Overdraft, you have an opportunity to approve the desired amount in advance, cover the current financial expenses, use it in unexpected needs and, what is more important, improve the liquidity of your business.
An overdraft limit and collateral requirements are determined individually, depending on the specificity of the business to be financed.
Advantages
- Amount limit which can be used instantly, if needed
- Calculation of the interest only according to the volume of the amount used
- To use the covered overdraft limit still possible, if needed.