Credit Line
Credit line is dedicated to helping you
meet all your unexpected liquidity challenges
Credit line
Credit line is aimed for financing of working capital. Credit line can be used by disbursement funds in tranches according to the needs to pay for various supplies purchases by the company or other operating expenses.
Advantages:
- No periodic repayment
- Flexible utilisation of credit. Customer has control over the use of the credit line
- Credit disbursement or repayment requested by the borrower
- Interest paid only on the used amount
- Collateral – unsecured or secured with mortgage on real estate, fixed assets, inventory, accounts receivable, personal surety or corporate guarantee
Conditions
- Financing amount from 50‘000 to 2‘000‘000 Eur
- Purpose – financing of working capital needs
- Agreement term – up to 3 years
- Interest rate – fixed or floating with reference to 6 month EURIBOR + bank‘s margin
- Repayment – partial regular repayments or full at maturity
Please visit Fees and Commissions page to see the applicable fees.
Apply now!
Please provide the required information and we will contact you within 1 working day.
Frequently Asked Questions
What is credit line?
What is the difference between a revolving and a non-revolving line of credit?
Why choose a credit line?
What is the process for granting a line of credit?
What documents are required to apply for funding
– Filled credit application
– Last annual report and interim report for the current financial year
– Description of the purpose of the loan
– Financial forecasts
– Property valuation report, if real estate is mortgaged
What are the fees and commissions for lending?
You can find the fees and commissions which are applicable for EMBank lending products:
| Service or transaction | Fee, EUR | |
| 1 | Administration fee for concluding Loan agreement | From 0,5% of the amount of the Loan (min. 200 €) |
| 2 | Fee for increasing the amount of the Loan | From 0,2 % of the total outstanding amount (min. 200 €) |
| 3 | Fee for extending of the maturity of the Loan | From 0,5 % of the outstanding amount of the Loan (min. 200 €) |
| 4 | Fee for other amendments of the Loan agreement | From 0,1 % of the outstanding amount of the Loan (min. 200 €) |
| 5 | Commitment fee | From 1 % of the unused amount of the Loan |
| 6 | Fee for early repayment of the Loan | 2 % of the outstanding amount of the Loan to be repaid (min. 200 €) |
Other fees:
| 7 | Issuance of the permission to pledge collateral by subsequent pledge | 0,5% of the amount of the Loan (min. 300 €) |
| 8 | Other permissions and consents | 50 € |
| 9 | Documents issued by Local customer request | 50 € |
If you want to hear more about our credit line options
Other Lending Options at
EMBank
We know that one size does not fit all, so we are working hard providing you various options to choose from. Let’s talk about how we can help you accelerate your business with the correct type of loan offering.
Working Capital Loans
Short-term loan to cater to your immediate working capital needs.
Overdraft
No fixed terms, just flexibly whenever you need liquidity.
Investment Loans
Perfect for fixed asset investments and for helping your business grow.
Leasing
Renovate your business for increased efficacy with our leasing solutions.
INVEGA Guarantee
Providing financial accessibility to SMEs when there is a lack of adequate collateral.
Need a Different Loan?
If the loan options listed above don’t cater to your needs….