NOMOS-Bank has launched a new credit product, the corporate overdraft facility designed for holding structures, groups of companies, including non-legally. This was reported in the press service of the credit institution.
In the corporate overdraft bank sets the limit of overdraft, taking into account the speed of all companies within the holding. This makes it possible to transfer a group of its member companies limits on overdrafts in the total credit limit. Due to the fact that access to the overdraft facility are a few companies, the credit limit is used more fully and effectively. As a result, the group as a whole to save on the board for maintaining the selected limit of the overdraft facility, but also has the ability to optimize the financial flows within the group.
Standard size limit set by NOMOS-Bank in the corporate overdraft of up to 50% of the turnover of the group companies, except for revolutions within the company.
In addition, the advantage of a corporate overdraft, the bank is no need zeroed in arrears during the term loans. This allows customers to use any amount under the limit, not displaying their own means of production for intermediate zeroing credits.
Along with these features of the corporate overdraft retains the advantages of a standard overdraft lending. In particular, the Bank does not impose any restrictions on the use of trust funds does not raise the requirements for a business plan or feasibility study for credit, as well as the mandatory provision of security.
