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Working Capital With Secure Collateral |
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ASPIS BANK, the bank offering you the satisfaction of personal service, also supports your business plans with the most favourable terms in the market.
Loan Purpose These loans are given in the form of a current account. Current accounts are accounts opened in the name of the company and cover in cash (in the form of a short-term loan) the company`s current needs. The company has the funds required available at any time, while accruing interest only for the amount used and then only for the period it is used.
Loan Amount The loan amount can be set at the ASPIS BANK branch and depends on the company`s financial results
Duration The loan term is set in coordination with the bank`s branch office.
Loan Rate The interest rate on working capital loans is fluctuating and currently at 11,50% + spread 5% and depends on the existence of secured collateral.
*The above interest rates include a 0.6% surcharge, as per L. 128/75
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