K&H Business Activity Loan

a long-term all-purpose loan to let your business grow

  • available without own contribution of the borrower
  • no need to verify the use of the loan with invoices
  • tangible collateral not required
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K&H Business Activity Loan
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details

purpose of the loan
any purpose related to your business – without the verification of utilization

Example:
  • fund the expansion of your business

currency
HUF

loan amount
  • at least HUF 1 million
  • not more than HUF 25 million

own contribution
own contribution is not required to use the credit facility

duration
  • at least 1 year + 1 day
  • not more than 7 years

grace period
not more than 3 months calculated from the end of the commitment period

The fees and commissions charged by the Bank in connection with lending are included in our Announcement for Corporate Clients.

Under certain conditions the K&H Bank may ask for the involvement of a free-of-charge COSME Portfolio Guarantee in addition to strengthen the collateral security.  COSME guarantees are issued by the COSME (Competitiveness of Enterprises and Small and Medium-sized Enterprises) Programme and the European Fund for Strategic Investments (EFSI) in the framework of the European Investment Plan. EFSI’s mission is to facilitate the financing and implementation of strategic investments in the European Union and to prevent disruptions in financing.

For more information about the COSME Portfolio Guarantee Facility, visit:

COSME Portfolio Guarantee

who might be interested?

micro businesses that need funds of unrestricted use to grow 

tailored to your needs

  • wide range of loan purposes
  • duration, grace period (if any) and instalment amounts tailored to your business’s needs
  • opportunity to improve your competitiveness thanks to the development of your business with the loan 

good to know before you make up your mind

  • the K&H Business Activity Loan has been designed for micro businesses
  • the interest rate is set on an individual basis 

contract terms and conditions, announcements

general tems and conditions
general contractual terms and conditions of active corporate banking services
announcement for corporate clients

related document

credit application 1 (credit application for private entrepeneurs) 360kb pdf
credit application 2 (credit application for companies following double-entry book-keeping) 319kb pdf
credit application 3 (credit application, guarantee application for entrepreneur or private individuals with tax number 360kb pdf

the K&H Business Activity Loan is fast and easy to apply for:

  • we don’t look into your business plan; no specific purpose has to be defined
  • you don’t have to submit any invoices
  • no own contribution is required

the K&H Business Activity Loan has many uses:

  • to finance operating and development costs
  • to refinance existing debt

predictable and long-term solution:

  • durations of up to 7 years; lump-sum draw-down
  • repayment and duration tailored to your needs
  • prepayment is possible according to the relevant provisions of K&H Bank’s General Contractual Terms and Conditions for Active Corporate Banking Services (Credit, Loan, Bank Guarantee, Letter of Credit, Bills of Exchange and Financial Leasing deals)

are you interested in other offers of K&H Bank?

K&H Overdraft facility

K&H Overdraft facility

A flexible construction that allows you to overcome your business’s day-to-day liquidity issues; a credit line, up to the value of which your current account balance may be overdrawn.

K&H investment loan

K&H investment loan

We offer a range of medium and long-term HUF and FX loans to feed your business’s growth and fund any required investments and developments.

K&H Car and Van Leasing

K&H Car and Van Leasing

Apply for new or used car and light commercial vehicle financing with no credit assessment fee or handling costs, with a favorable collateral structure! K&H leasing financing solutions are also available with state support

This material does not constitute an offer. The Bank reserves the right to modify the terms and conditions. A detailed description of the product and its terms and conditions can be found in the relevant Contract, the General Contractual Terms and Conditions for Active Corporate Banking Services (Credit, Loan, Bank Guarantee, Letter of Credit, Bills of Exchange and Financial Leasing deals), in K&H Bank’s General Terms and Conditions, and the Announcement for Corporate Clients. K&H Bank will decide on the credit facility amounts and the availability thereof as well as on the collateral required at its sole discretion, in accordance with its own policies.