K&H working capital loan
financing solution to help you stabilise the financial situation of your business and manage any temporary shortage of funds
- the facility is tailored to the financing needs of your business
- flexible term
- to bridge any shortage of funds resulting from long payment terms
details
purpose of the loan
- to finance production or trade, to purchase current assets (e.g. materials and goods)
- to pay operating expenses
type
revolving or non-revolving
currency
forint, euro or US dollar if your business earns revenues or incurs expenses in the respective currency
disbursement
- disbursement is subject to submitting a drawdown notice and complying with the drawdown conditions
- any loan(s) drawn will be credited to the current account of the business kept with K&H Bank
- prepayment is subject to the terms and conditions set out in the General Contractual Terms and Conditions applicable to active corporate services (credit, loan, bank guarantee, letter of credit, bill of exchange and financial lease transactions)
revolving facilities
- the funds repaid by the business can be borrowed again against a drawdown notice within the availability period
- this means that the facility may be used multiple times, provided that the business has repaid its loans drawn earlier
non-revolving facilities
the maximum amount available to the business throughout the term is the facility amount (irrespective of whether or not the business has repaid, in full or in part, the loans drawn earlier
This information does not constitute an offer, its sole purpose is to raise awareness. A detailed description and terms and conditions of the product, service can be found in the relevant client agreement, the General Contractual Terms and Conditions for Active Corporate Banking Services (Credit, Loan, Bank Guarantee, Letter of Credit and Financial Leasing deals), the General Terms and Conditions, and the effective Announcement for Corporate Clients, which can be viewed under 'documents' on this page. The Bank reserves the right to modify the terms and conditions. The 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.