The loan in foreign currency is intended primarily for the clients with a sufficient collection in foreign currency on an account in Komerční banka Bratislava.

The short or medium-term revolving loan is designed chiefly to fund the receivables before their due date, both local and foreign. In justifiable cases, the loan can be used for financing the short-term repeated stock variations relating to the stock short-term purchase and consumption (usually within one month). Current assets can be funded as a whole or a  separate; the loan can be used for each type of current asset.

The revolving loan is provided up to the maximum of the anticipated total of the current assets or particular type of the current asset. It is used for the direct payment of your company's needs. If this is impossible, the funds are transferred into the client's account and the bank checks the purpose later. A floating interest rate is charged on the loan. The client will pay the interest monthly or quarterly on the dates agreed in a contract, which also specifies the method of charging interest. The revolving loan for current assets can be taken in EUR or in selected foreign currencies.

For further information on this product or order it immediately, please contact your Relationship manager or write to us on our e-mail address koba@koba.sk.