Debtor Current

It is an advance loan type that allows your company to withdraw money at any time and amount, to reduce its risk or to close the loan completely, when requested, provided that the specified maturity and limit are met. All companies that want to use commercial loans can benefit from this loan. Interest calculation is made quarterly in interest periods.

What are the advantages?

• Easy to Use: It gives your company the opportunity to withdraw money at any time and in any amount within the credit limit and maturity.
• Easy Repayment: It allows your company to reduce the risk or close the loan completely at any time.
• Cash Management: Helps you meet your company's short-term cash needs.
• Interest Rate: Since the interest rate is variable, a new interest rate is applied to the loan in case the Interest Rates decrease in the market.