The Temporary Credit Facility has a flexible term ranging from 1 to 6 months, allowing you to tailor the financing to the specific duration of your liquidity needs. This flexibility ensures that you have access to funds only for the time required, minimizing unnecessary interest expenses. During the agreed period you can make withdrawals that exceed your balance within the established limit. Of course, you only pay interest on the portion of your credit limit actually drawn down.
At Finabank, we understand the importance of maintaining a healthy cash flow for your business's success. Our Temporary Credit Facility provides you with the financial flexibility to navigate temporary liquidity challenges and ensure the continued growth and stability of your operations.
Purpose
Businesses often utilize Temporary Credit Facilities for the following purposes:
Term
1 to 6 months
For more information or to request a personal appointment with our specialized team, please contact us via: energy@finabanknv.com