Overdraft is a short-term flexible credit product that enables you to create a negative balance in your account up to the specified limit in order to improve the liquidity of your business.
You can use overdraft at all times until the due time. This product mainly serves to cover expenses (primarily operational) of your business by providing access to additional funds; quickly and easily at any time.
Minimum amount of overdraft:
- From €1,000
Maturity:
- Up to 24 months,
Guarantor:
- Amounts up to € 20,000 with no guarantors
Collateral:
- Only 50% of the amount of overdraft for amounts up to € 10,000
- Even with no collateral required for amounts > € 50,000