FINANCIAL LOANS AND CREDITS

For whom is the loan intended:

The loans are intended for firms (natural persons and legal entities). They are a solution to the financial and investment needs of the business in situations when for example it is impossible to obtain credit in the necessary amount in a bank. The loans are intended for businessmen who need a larger amount and are able to provide security in the form of a lien on assets. The businessmen need not have a history.

Features:

The businessman may have a debt towards the state (social security administration, revenue authority) and in the event the loan is approved, this debt is paid before the loan is paid out.

Maturity from 1 month! Advantage for those who "turnover" their money fast and frequently need fast bridging credit.

Amount of loan: From CZK 50,000 and more (no charge is paid)

Maturity: 1, 2, 3, 4, 5, 6, 9, 12, 18, 24, 30, 36, 42 and 48 months (maturity may be adjusted to the needs of the loan applicant)

Repayment: Usually through regular monthly instalment, at the client's request, the manner of repayment may be individually adjusted

Payment: No purpose, cashless to the client's account

Securing: Lien on real-estate or a movable asset respectively (addition securing - for example surety by a third person)

Others: No purpose, possibility of revolving (provision of other financial means in the course of the loan repayments)

Conditions of approval:

Individual evaluation of every application in consideration of the economic situation of the applicant and the quality of the offered lien.

Documents necessary to draw up the application:

businessman - natural person: copy of the businessman's + his/her spouse identity card

businessman - legal entity: copy of identity cards of statutory representatives of the company

bank details

copy of the business license or other authorization for the main business activity

extract from the Business Register (not older than 3 months)

copy of tax returns for the past 2 years (including all annexes) + last quarter economic statements

up-to-date confirmation of the revenue authority and social security administration on the account status of the loan applicant with these organizations

annexes connected with the offered security: deed of the lien (for example purchase agreement, deed of gift, certificate of roadworthiness and likewise), extract from the Land Registry, photographs and likewise

Benefits of the loan:

The greatest benefit of the loan is easy access to the loan for businessmen.

Drawing up the application and its processing is free.

Every loan application is evaluated individually and the amount of the loan depends only on the client's credibility - his economic situation and the quality of offered pledge. A pledge in this event may be real estate, movable assets as the case may be (the loan may be additionally secured for example by third person surety, pledge of securities and likewise). In addition, the loan is always secured by the client's bill of exchange, the aval being his/her spouse (if married); as concerns a legal entity, the aval being the company owners (always in case of limited liability companies, individually in case of others).

It is not necessary to present the business plan together with the application to provide an entrepreneurial loan or an expert opinion concerning the presented property.

Are you interested in a loan?