The K&H Overdraft facility is a credit facility up to the amount of which you can overdraw your business’s account.
HUF, EUR or USD, provided that your business has revenue in those given currency (in case of COSME Portfolio Guarantee only HUF currency can be applied)
amount of the loan
at least HUF 500.000 (but not more than HUF 45 million with a COSME Portfolio Guarantee)
- K&H Bank does not specify any definite expiry date for dynamically growing businesses (maturity date is the 30th day from Bank’s notice), by which it significantly reduces the costs as well as the administrative burden associated with the K&H Overdraft facility (no need to re-make the facility agreement each year, for instance)
- not more than 3 years with a COSME Portfolio Guarantee
The fees and commissions charged by the Bank in connection with lending are included in the 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?
- businesses and entities that wish to manage their liquidity flexibly
tailored to your needs
- flexible usage
- allows you to jump quickly on business opportunities
- simple drawdown and repayment process
- cost saving solution through immediate repayment
- flexible duration: no need to re-make the facility agreement each year
contract terms and conditions, announcements
- your business’s account can be automatically overdrawn with a payment order
- repayment is also done automatically when money is credited to the account
- interest is payable for negative balances only
K&H Business Activity Loan
Why not support your business’s development with this long-term loan, offered to you for unrestricted use, without needing to contribute own funding.
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.