purpose of the loan
any purpose related to your business – without the verification of utilization
- fund the expansion of your business
- at least HUF 1 million
- not more than HUF 15 million
own contribution is not required to use the credit facility
- at least 1 year + 1 day
- not more than 7 years
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.
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
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)
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
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.