K&H investment loan

medium to long-term to finance investments, developments

  • available even with 20% own contribution
  • wide range of purposes
  • even without tangible collateral
K&H investment loan

details

purpose of the loan
  • purchase, construction or refurbishment of real estate property

  • purchase or overhaul of machinery and equipment

  • other investments

currency
HUF

amount of the loan
duration
  • at least 1 year + 1 day
  • not more than 10 years

grace period
not more than 2 years, included in the duration

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:

who might be interested?

promoters of investments, development 

tailored to your needs

  • wide range of loan purposes 
  • duration, grace period (if any) and amount and frequency of instalments tailored to the pay-off of your project 
  • opportunity to improve your competitiveness thanks to the development of your business with the help of the K&H Investment Project Loan 

good to know before you make up your mind

  • the facility cannot be used to finance reclaimable VAT
  • the interest rate is set on an individual basis 
  • the Bank checks the fulfilment of the loan purpose 

contract terms and conditions, announcements

general tems and conditions
general contractual terms and conditions of active corporate banking services
announcement for corporate clients
business coupon discount clients
  • the own contribution of the borrower  (minimum 20%) can be spent:
    •  either before using the credit facility
    •  or pro rata (i.e. each project cost item –– net of VAT –– is shared according to the own contribution of the borrower/bank financing ratio)
       
  • documents required for disbursement (the list is not complete):
    • issuing drawdown notice
    • invoice or accounting document (original presented, copy submitted)
    • proof of payment (where the value of the invoice or accounting document has already been paid)
    • bank transfer order (where the value of the invoice or accounting document has not been paid yet)
       
  • 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, lease financing deals)
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, lease financing 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.