LINE OF CREDIT
Line of credit in the current activities:
This loan is perfect for you if:
This product is meant for companies that care about securing their liquidity and that want to create a buffer for unforeseen situations (income delays, unexpected expenses), but they do not require these funds immediately on the date of granting the limit. The company only pays the grant fee when it does not need to use the funds; it does not incur any additional costs
It is also a solution that generates lower monthly costs for the company because the only monthly payment is the interest on the amount of funds used. The company is not charged with monthly payments of capital instalments, which is usually the case with a loan.