Professional loan/Overdraft with guarantors

Purpose
• To cover professional needs

Loan amount
• Up to €20.000. The amount is granted as a loan or a current account overdraft or both, being €20.000 maximum

Securities
• One to three solvent guarantors. In cases of companies, directors shall necessarily be guarantors.

Paying off period
• Up to 7 years 

Paying off method
• By standing order on the current or any other account 

Loan expenses
• 0.5% preparation expenses on the amount, the minimum being €50

Insurance
• Life insurance 2.10‰ annually on the overdraft or on the current Loan balance

Beneficiaries
• Medium-sized businesses 
• Businessmen 
• Freelance professionals